May 10, 2025
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Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

The Leading Newspaper for Co-operative Movement in Kenya

Tag: equity group

Equity Group Managing Director and CEO Dr. James Mwangi and AGF Group CEO Jules Ngankam during the event on Friday, May 9, 2025/PHOTO COURTESY.

Equity Group, African Guarantee Fund strike Ksh.64B deal to boost MSMEs in Africa 

Sacco Review04 mins

Equity Group and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking Ksh.64 billion which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The facility is expected to unlock Ksh.129.5 billion in lending and sustain over 50,000 jobs, especially…

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quity Bank's Chief Executive Officer James Mwangi addresses investors at the Equity Bank headquarters recently. Photo/Courtesy

Equity Group posts 13 per cent slide in 2023 pretax profit

Sacco Review01 mins

Kenyan lender Equity Group reported a 13 per cent fall in 2023 pretax profit to KSh51.9 billion, weighed down by a surge in provisions for bad debts, the firm announced on Wednesday March 27. Equity is East African country’s top lender by earnings. READ ALSO: Capital Sacco launches promotion to reward members purchasing shares The firm…

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