Equity Group Managing Director and CEO Dr. James Mwangi (centre), Equity Group Executive Director Mary Wamae (right) and Equity Bank Kenya Managing Director Gerald Warui (left) go over Group’s financial during the announcement of the 2020 full year results. 98% of all Group transactions happen out of the branch with 12% of these through Agency and merchant banking.

Equity Group Managing Director and CEO Dr. James Mwangi (centre), Equity Group Executive Director Mary Wamae (right) and Equity Group Director Strategy, Strategic Partnerships and Investor Relations Brent Malahay (left) discuss the Bank’s performance during the Group’s financial results announcement. Deployment of the 51% growth of funding enabled loans to customers grow by 30% to Kshs 478 billion up from Kshs 366 billion. Cash and cash equivalents grew by 186% to Kshs 247 billion up from Kshs 86 billion while investment in Government securities grew by 26% to Kshs 217 billion up from Kshs 172 billion.

Equity Group Managing Director and CEO Dr. James Mwangi during the release of Equity Group’s Full Year 2020 results. The Group’s growth has been driven by a 53% increase in customer deposits which grew to Kshs 741 billion up from Kshs 483 billion, while long-term debt financing grew by 71% to Kshs 97 billion from Kshs 57 billion with shareholders’ funds growing by 24% to Kshs 139 billion up from Kshs 112 billion.

Alliance High School students follow speeches during the Clean Cooking Project launch. The school is among the first beneficiaries of the initiative in public schools. Equity is providing equipment and installation financing for new modern cooking technologies which include steam- based cooking, biofuels, sustainable biomass and Liquid Petroleum Gas (LPG).

Ministry of Education Cabinet Secretary Prof. George Magoha (left), Equity Group MD and CEO Dr. James Mwangi (centre) and Ministry of Environment Permanent Secretary Dr. Chris Kiptoo (right) follow proceedings during the launch of the Clean Cooking Project at Alliance High School. The project is aimed at supporting all learning institutions to transition to cleaner technologies and fuels.

@MoE CS Prof. George Magoha (right), Ministry of Environment PS Dr. Chris Kiptoo (2nd right) and Equity Group MD and CEO Dr. James Mwangi (3rd right) are taken through the kitchen fitted with modern cooking technology by Alliance High School Principal William Mwangi (left). Alliance High School is among the first beneficiaries of the initiative in public schools.

Equity Group MD and CEO Dr. James Mwangi (left), Ministry of Education Cabinet Secretary Prof. George Magoha (2nd left), Alliance High School Principal William Mwangi (2nd right) and Ministry of Environment Permanent Secretary Dr. Chris Kiptoo (right) during the launch of the Clean Cooking Project at Alliance High School. Alliance High School is among the first beneficiaries of a retrofitted kitchen using Liquid Petroleum Gas (LPG).

Equity Group MD and CEO Dr. James Mwangi plants a commemorative tree at Alliance High School to mark the launch of the Clean Cooking Project. Looking on is @MoE Cabinet Secretary Prof. George Magoha (2nd left) and Kikuyu Deputy County Commissioner Tom Gevodi (left).

Ministry of Education Cabinet Secretary Prof. George Magoha (left) waters a tree he planted at Alliance High School. Looking on is Ministry of Environment Permanent Secretary Dr. Chris Kiptoo (2nd left), Kikuyu Deputy County Commissioner Tom Gevodi (2nd right) and Alliance High School Principal William Mwangi (right).