Tag: Equity Bank
Equity Bank Reduces PayPal Withdrawals Settlement Period to One Day
PayPal is one of the most popular money transfer platforms in the world.
It is even used locally, especially for the gig economy workers that...
Equity Bank’s KES 240 Annual Fees for Debit Cards To Only Affect Active Cards
Equity Bank has announced that it will start charging an annual fee for all its debit cards.
The said fee is KES 240.
According to the...
Hundreds of Kenyan Businesses Set to Benefit From KES 18.6 Billion Loan to Equity Bank By IFC
Equity Group has acquired a US$ 165 million or KES 18.6 billion loan from the International Finance Corporation (IFC) to help it increase working...
Jonas Mushosho Joins Equity Group As a Non-Executive Director
Equity Group has announced the appointment of Jonas Mushosho as a Non-Executive Director to its board following the retirement of Christopher Newson, Non- Executive...
Equity Bank Digitization Journey Pays Off, Boosts Investment Following 66% Growth in Eazzy Banking
The uptake of digital banking services by customers is moving Equity Grou away from the brick and mortar fixed-cost business model to a variable-cost...
Equity Bank Doubles Profits in Half Year to KES 18 Billion
Equity Group has released its half-year financial results for 2021.
The financial institution says that it achieved a 98 per cent growth in HY profits...
Equitel Becomes Fifth Kenya Provider to Offer 4G Services
Equitel, Equity Group’s mobile virtual network operator, has announced the launch of LTE or 4G services, making it the fifth telco to run such...
Eazzy Banking App Hits 222 Percent Growth in Q1 2021 As Digital Channels Overtake Legacy Banking
It has been known for a long time that lender Equity has been pushing its services online. The development has since been accelerated thanks...
Equity Bank’s Newly Signed SME Guarantee Eyes Women-Led Entreprises
A substantial share of the recently signed SME guarantees by Equity Bank totaling Kshs 52.25 Billion will go towards supporting women-owned and led MSMES...
Equity Bank To Support More Enterprises Following A Deal With European Institutions
Equity Group Holdings Plc has signed a Kshs 16.5 Billion loan facility with the European Investment Bank (EIB) and the European Union (EU) in...
Equity Bank Merger with Leading DRC Lender Official, Targets Full Digitization
Equity Bank Congo (EBC) and Banque Commerciale du Congo (BCDC) have now merged to become the second-largest commercial bank in the Democratic Republic of...
Eazzy Banking Late Support for Android 11 Devices is Just Unacceptable
Equity Bank has one of the best banking apps named Eazzy Banking.
It is a go-to product for any customer with an Equity Bank account...
How to Protect Yourself from Online Financial Fraud
Equity has announced that all Equitel customers can only be contacted with ONE NUMBER: 0763000000.
Equity Welcomes Samuel Onyango As New Non-Executive Director
Lender Equity has appointed Samuel Onyango as a Non-Executive Director to its Equity Bank (Kenya) Limited (EBKL) Board.
Samuel has gained extensive leadership experience having previously...
Equity Bank’s Digital Channels Finally Surpass Legacy Banking in Value
Equity Bank has released its Q3 financials, ended on 30 September 2020.
According to the report, which was presented by its CEO James Mwangi, the...
UoN’s Prof. Timothy Waema Joins Equity Bank as Non-Executive Director
Professor Timothy Waema has joined Equity Bank a Non-Executive Director.
The career educator brings on board his extensive ICT experience that spans over three decades...
The Tale of Fraud Cases at Equity, and What the Bank is Doing About It
UPDATE
Equity Bank has been on a hot seat over the last couple of hours.
The bank has always been doing the right thing with its...
Equity Launches 0763000000 Line for All Outgoing Calls To Customers
Customers will be called from a 0763000000 line in a unifying effort that will see them identify an official number easily.
How Latest Eazzy Banking Update Shields Customers From Scammers
Eazzy Banking app has been updated to allow fingerprint login. Perhaps the biggest security update is a one-time password that is needed for all transactions.
Equity Bank Reports 14% Loss in Loan Provisions as Digital Channels Remain Steady
Lender Equity group has releases first-quarter results for 2020. The results are based on the uncertainties related to Coronavirus, including an overall 14% drop...
Eazzy Banking App Adds Fingerprint Recognition in New Update
Equity’s Eazzy Banking app has been a trusted banking solution for me for a decade now. I use it because it works for me;...
Equity Waives Mobile Banking Transaction Fees, Card Payments Now Contactless
Equity Bank hosted two meetings yesterday: one that announced the 2019 FY financial results and another one that was exploring options to lessen the...
Equity Bank Non-Branch Transactions Stagnant at 97 Percent as 2019 Profits Hit KES 22.6B
Following KCB’s 2019 FY results that were announced exactly one week ago today, Equity Bank has done the same thing in a meet held...
Equity Bank Set to Revise Mobile Money Charges to Encourage Cashless Transactions
The COVID-19 pandemic is a nuisance that has brought some parts of the world to a standstill. Kenya has since registered a few cases,...
Eazzy Banking App Finally Receives Support for Android 10
Android 10 has been around for a while, and this is the first time we have seen phone makers do a fine job in...
Eazzy App Processed 231 Million Transactions in Q3 2019 as Equity Disbursed Record-Breaking Mobile Loans
Lender Equity Bank has released its Q3 2019 performance report, which, as it has been the case in previous quarters, cites improved business environment...
Mixed Reactions as Equity Bank’s New Logo is Unveiled
Yesterday, Equity Group celebrated their 35 years of existence in the Kenyan market. Equity Group is a huge brand in the Kenyan market that...
Equity Bank Hires Swedish National to Expand Digitization Strategy
Swedish national John Wilson has been appointed Equity’s Chief Operating Officer (COO) for the bank’s East and Southern Africa market. The announcement was done today...
Equity Bank Appoints New Managing Director Following Polycarp Igathe’s Resignation
Equity Bank has appointed Gerald Warui as its fourth Managing Director.
Warui, who has been with the institution as a Director for an extended period...
Equity Bank Showcases Strong H1 2019, Digital Transactions Soar
Equity Bank has been doing a fantastic job in offering financial services to the people of Kenya, among other markets it operates in, including...
Equity Bank Eyes Ethiopia Market, Reports KES 6.2 Billion Pre-tax Profit in Q1 2019
Equity Bank, which briefs investors on a regular basis about its growth projections has announced 2019’s first quarter financials. The lender, which continues to...
Safaricom and Equity Seal Partnership to Financially Empower Kenyans
As the adage goes, two heads are better than one. In principle, this has been the case for businesses, which is what lender Equity...
Eazzy Banking App Constant Failure is Damaging Equity’s Online Brand
Mobile banking apps are the new norm in the Kenyan market now because people want to keep track of their money and transactions in...
Equity Bank Reports KES 19.8 Billion After Tax Profit as it Commits to Fintech Innovations
This afternoon, Equity Bank, which has since garnered 13.5 million customers, held its Investor Briefing that also served as a stage for the financial...
Eazzy Banking App Activation is Currently Out of Service
Banking apps have been around for some time, and it is unlikely your financial institution of choice does not have one, or a way...
