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THE STANDARD By
Sara Okuoro |
February 16th 2021 at 12:24:00 GMT +0300
Yves Cuypers, Equity Group Holdings regional director in charge of the Central and Southern Africa Region.
Equity Group Holdings has appointment Yves Cuypers as its first Regional Director in charge of the Central and Southern Africa Region.
He is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to form Equity BCDC, the second largest bank in the Democratic Republic of Congo.
The appointment is part of Equity Group’s strategy to expand its presence outside of Eastern Africa by creating a dedicated sub-continent office for Central and Southern Africa.
Equity BCDC unveils new brand identity in DRC
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Speaking during the launch of the new brand identity, Former Managing Director of Equity Bank Congo, Celestin Muntuabu said, “Today marks a historic event in our country, when two legendary banks, with diverse strengths have come together to form a bigger and stronger bank for the Congolese people. The bank will be in a position to extend small loans to enable young people and small-scale traders to grow their businesses and their dreams, becoming key players in our economy.”
Mr. Muntuabu also said that, “For the majority of Congolese who have to work everyday to earn a living, they won’t have to worry about making time to go to the bank to open a bank account. Equity BCDC has rolled out digital banking including mobile banking making banking something you do anywhere, anytime.”
The East African
Wednesday January 06 2021
Customers wait to gain access to Equity Bank in Eastleigh, in Kenya s capital Nairobi. Equity Group Holdings has been allowed to merge two DRC banks that it acquired. PHOTO | FILE | NMG
Summary
Equity Bank already had operations in the DRC through a subsidiary it established by acquiring an 86.6 percent stake in the German bank ProCredit between 2015 and 2017.
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Equity Group Holdings has received regulatory approval to merge Equity Bank Congo (EBC) and Banque Commercial du Congo (BCDC) to form DR Congo’s second largest lender by assets.
The new bank, to be known as Equity Banque Commercial du Congo (Equity BCDC), holds more than $2.5 billion worth of assets, 74 branches and has a customer base of nearly one million.
Taarifa Rwanda
Published 3 months ago
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Equity Rwanda, has unveiled a refreshed identity aimed at creating sustainable growth paths and service delivery in today’s rapidly evolving financial services environment.
The new identity is in line with Equity Group Holdings ongoing journey of transformation.
Going forward, Equity Rwanda will present itself as a unified brand, with one basket of products and services under one roof.
From an identity perspective, the new logo now features “Equity” without an entity name such as Bank to signify a one-stop shop and a consolidated business model for its inclusive range of financial services.
Commenting on the launch of the new identity, the Managing Director Equity Rwanda, Hannington Namara said that the new look comes with a reinforced commitment to offering innovative products and services.