Equity Bank Group Hits Ksh 1 Trillion Balance Sheet Mark

Equity Bank Group Hits Ksh 1 Trillion Balance Sheet Mark
By Juma / Published December 24, 2020 | 10:30 am
Equity Group Holdings hit a balance sheet of 1 trillion shillings on Wednesday, becoming the first publicly listed lender in Eastern and Central Africa to reach the milestone, beating other players such as KECB Group and Absa Bank.
In a statement, Equity Group said that the 1 trillion mark on its balance sheet was achieved following the acquisition and integration of its business with Banque Commerciale Du Congo (BCDC).
In August 2020, Equity Group Holdings PLC announced the completion of its acquisition of a 66.53 percent stake in the Banque Commerciale Du Congo (BCDC) at a cost of USD 95 Million.

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