Whistleblowing

Juba, South Sudan 14th January 2021…. For the second year running, Equity Bank South Sudan has received the Bank of the Year South Sudan 2020 award by The Banker, during the Bank of the Year Awards 2020. The Bank emerged top in class for clearly exhibiting a strong fiscal performance in the financial year of 2019. The awarding entity, The Banker, also considered the difficult operating environment occasioned by the COVID-19 pandemic and the role banks played in delivering much-needed government funding, as well as providing specific measures themselves.


Commenting on the award, Equity Bank South Sudan Managing Director, Dr. Addis Ababa Othow said, “We are proud to be recipients of the Bank of the Year South Sudan 2020 award by The Banker. We appreciate the recognition that indicates we are truly living to our mission of offering financial services that socially and economically empower consumers, businesses and communities.”


According to The Banker, the investment which banks have been making in their digital transformation efforts have truly paid off and will continue to reap rewards in the years to come, in terms of lowering the cost to serve, improving customer experience and driving the financial inclusion agenda.


“We are committed to the continued improvement of our products and services. To support our customers during this COVID-19 pandemic, we enhanced uptake of self-services like online and digital services to ensure they have access to banking services 24/7, while at the same time rolling initiatives to support our customers survive and thrive post COVID-19. Our digital banking self-service banking channels have transformed banking to something you do, and not somewhere you go,” said, Dr. Othow.


The Bank deployed the Eazzy Banking Suite to support businesses and individuals. The banking suite comprises three digital solutions. EazzyBiz, a web-based product that allows SMEs and corporate clients to make payments and collections and manage their liquidity. It gives a 360-degree view of accounts and allows host-to-host transfers of files between bank and client. The Eazzy Banking App, which enables internal funds transfer, balance enquiries and mini statements. It requires a one-time-PIN to authenticate login and transactions, providing robust security. EazzyNet is a retail internet portal where customers can manage their bank accounts anywhere anytime. The solution is tailored for customers who prefer online banking while on the move.


Dr. Othow further added, “Some of our 3rd party variable cost channels such as the Equity Agents are our way of realizing our shared prosperity model. By offering banking services on behalf of Equity, our agents help us to speed up our commitment to broaden financial access and deepen financial inclusion. Our people benefit from getting last-mile access to banking services.”


Equity Bank South Sudan has also invested in merchant acquiring systems with over 50 merchants across the country, including all the major hotels, restaurants and shopping malls in Juba.


The Bank of the Year Awards 2020 by the Banker, a monthly international financial affairs publication owned by The Financial Times Ltd, is a continental awarding showpiece that recognizes and acknowledges excellence in the banking sector drawn from the world’s leading financial institutions. They are judged on their ability to deliver returns, gain strategic advantage and serve their markets. In 2019, Equity Bank South Sudan, Kenya and Uganda subsidiaries emerged winners in the Bank of the year category.


About Equity Bank South Sudan


Equity Bank South Sudan began its operations in May 2009 and is registered as a commercial bank through the Central Bank of South Sudan. The Bank has its Head Office located in Juba, with a foot-print of 5 branches and is supported by 34 agents, 15 merchants and a network of 17 ATMs.


Equity Bank South Sudan is a subsidiary of Equity Group Holdings Plc, a financial services company listed at the Nairobi Securities Exchange, Uganda Securities Exchange, and Rwanda Stock Exchange. In addition to Equity Bank South Sudan, the Group has banking subsidiaries in, Kenya, Rwanda, Uganda, Tanzania, DRC, and a Commercial Representative Office in Ethiopia; with additional non-banking subsidiaries engaged in the provision of investment banking, custodial, insurance agency, philanthropy, consulting, and infrastructure services.


Equity Group has an asset base of USD 10 billion. With over 14.2 million customers, the Group is one of the biggest banks by customer base in the region. The Group has a footprint of 335 branches, 52,742 Agents and 35,386 Merchants and 720 ATMs. The Group is the largest bank in market capitalization in East and Central Africa. The Banker Top 1000 World Banks 2020 ranked Equity Bank 754 overall in its global ranking, 62nd in soundness (Capital Assets to Assets ratio), 55th in terms of Profits on Capital and 20th on Return on Assets. In the same year, Moody’s gave the Bank a global rating of B2 with a negative outlook same as the sovereign rating of the Kenyan government due to the Bank’s strong brand recognition, solid liquidity buffers and resilient funding profile, established domestic franchise and extensive adoption of digital and alternative distribution channels. Equity Group Holdings Plc is regulated by the Central Bank of Kenya.

Related stories

Equity Group Holdings Limited Appointments

Click here to see the latest

View More
Equity Group Secures Its Shareholders Nod for a Kshs 20 Billion Pan African Expansion Bid

The approvals, which were secured during the firm’s 11th Annual General Meeting (AGM) held today...

View More
Equity Bank Upgrades Core Banking System

Equity Bank core banking system has now been upgraded to Finacle 10. The enhanced solution allows...

View More
Regional Expansion and Diversification Strategy Pays Off as Equity Bank Posts a 21% Growth

Emerging from a depressed operating economic environment as well as challenges posed by the recent...

View More
Equity Bank Group Strengthens Its Fundamentals While Expenses Of ICT, Innovation And Product Rollout

Equity Bank Group strengthens its fundamentals while expenses of ICT, Innovation and Product Rollout...

View More
Equity Bank’s Focus on Innovation Boosts First Half Year 2013 Profit

Regional banking group, Equity Bank's reduction of interest rates by 700 bps from 25% to 18% has...

View More
Equity Bank's Strategy Increases Profits by 36 Percent

The Group’s total assets posted a 24% growth during the year to close at Ksh 243 billion up from...

View More
Equity Bank S. Sudan Opens 9th Branch

Equity Bank South Sudan has opened its 9th branch. Torit branch in the Eastern Equatoria State was...

View More
MasterCard and Equity Bank Announce Partnership to Introduce PayPass™ Enabled Cards

MasterCard and Equity Bank of Kenya today announced an agreement at a signing ceremony in Nairobi to...

View More
Equity Group Foundation Appoints Dr. Helen Gichohi as Managing Director

Dr. James Mwangi, Equity Bank Group CEO and Chairman of Equity Group Foundation has announced the...

View More
Dr. James Mwangi Wins ‘forbes Africa Person of the Year Award 2012’

Dr. James Mwangi, Chief Executive Officer and Managing Director of Equity Bank in Kenya, was named...

View More
Orange Launches Visa Card in Partnership With Equity Bank

Orange launches Visa card in partnership with Equity Bank.

View More
Equity Bank Group Partners With China Union Pay

Equity Bank Group has today launched a partnership with China Union Pay, which will allow UnionPay...

View More
Equity Bank Group Pre-tax Profit Up by 30%

The group has posted a profit of Kshs.11.8 billion up from Kshs.9 billion realized in the third...

View More
Equity Bank South Sudan Opens 8th Branch

Riding on a growth trajectory that has positioned it as a market force, Equity Bank South Sudan...

View More
Appointments at Equity Bank Group

Dr James Mwangi today at Equity Centre announced two key appointments in the Equity Bank Group’s...

View More
Equity Bank Ceo Gets Two Appointments

Dr Mwangi will serve as a council member of the G8 New Alliance for Food Security and a member of...

View More
Equity Bank Ceo Joins Global Alliance for Food Security and Nutrition

Equity Bank Group CEO, Dr. James Mwangi has joined the Global Alliance for Food Security and...

View More
21 Equity Bank Scholars Receive Scholarships to Study in World Leading Universities in 2012

21 scholars in the Equity Bank university sponsorship program have so far received scholarships in...

View More
Equity Bank Profit Before Tax Grows by 29%

During the period under review, Equity Bank Group’s loan book grew by 27% from Kshs 97.7 billion...

View More
James Mwangi: Africa's Inclusive Finance Guru Is World's Best Entrepreneur

Corporate Communications July 21, 2012

View More
250 Top Kcse Scholars to Benefit From Equity Bank's University Sponsorship Programme

Two hundred and fifty top performers in last year’s Kenya Certificate of Secondary Education are...

View More
Equity South Sudan unveils a new identity in line with the Group’s ongoing journey of transformation.

Brand refresh geared towards inclusion, innovation, growth, progress and relevance

View More
Equity receives double International Standards Certification on IT Service and Information Security Management Systems

Equity Bank Kenya Limited has received two International Standards Certifications - ISO 20000 and...

View More
Equity Group Launches Kshs. 678 billion (USD 6 Billion) Regional Private Sector Economic Recovery and Resilience Stimulus Plan

Equity’s Eastern and Central Africa Recovery and Resilience plan is envisaged to provide financing...

View More
Equity Group Returns to Growth

Equity Group has eased its defensive strategy that had been deployed during the economic uncertainty...

View More
EQUITY GROUP REPORTS STRONG 3RD QUARTER PERFORMANCE

Equity Group Holdings Plc today reported Kshs.34.4 billion shillings profit after tax for the nine...

View More
EQUITY GROUP REPORTS A RECORD KES 46.1B NET PROFIT AND A DIVIDEND PAYOUT OF KES 15.1B

The Group Profit After Tax grew by 15% to reach KES 46.1B up from KES 40.1B driven by a 28% growth...

View More
Equity Group Strengthens Partnership with Zepz to Support Diaspora Client Base with Ease

Nairobi, Kenya | 15th July 2024... Zepz, the group powering leading global remittance brands,...

Read More
Equity Group Unveils 2023 Sustainability Report: “A Sustainable World is a Transformed Africa” Showcasing Bold Vision and Impact

Nairobi, Kenya, 3rd September 2024: Equity Group unveiled its third annual sustainability report for...

View more
Equity Group Holdings Plc Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange...

Read More
Equity Bank South Sudan: A Catalyst for Financial Inclusion

A Conversation with Dr. Addis Ababa Othow, Managing Director, Equity Bank South Sudan In a...

Read More
Service finder
Equity Bank is Regulated by Bank of South Sudan