I&M Group injects $7mln in Ugandan unit to shore up lending business zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
The fresh capital injection, which is to be executed in the next six months, will push the lender’s Uganda subsidiary’s core capital to $39.47 million.
Genocide survivors in Nyamirambo narrate ordeal igihe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from igihe.com Daily Mail and Mail on Sunday newspapers.
Equity BCDC unveils new brand identity in DRC
Shares
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.”