Bank led by Kenyan businessman James Mwangi surpasses $11 billion in assets
Equity Group, under the leadership of Mwangi, reported a profit of $182.8 million at the end of the first half of its 2023 fiscal year.
Equity Group, under the leadership of Mwangi, reported a profit of $182.8 million at the end of the first half of its 2023 fiscal year.
Mwangi derives the majority of his wealth from a 3.38-percent stake in Equity Group.
Under Mwangi, Equity Group achieved record-breaking profits of $350 million at the end of the 2022 fiscal year.
Mwangi revealed that the collaboration aims to ensure energy becomes a fundamental right for the people of the DRC.
In the recently presented 2022 Sustainability Report, Mwangi, the group CEO, highlighted the organization’s dedication to prioritizing people over profits.
Equity Group is a leading East and Central Africa financial services conglomerate.
Under Mwangi, Equity Group has played a key role in the growth and transformation of Kenya’s financial services industry.
Under James Mwangi, who holds a 3.38-percent stake in the company, Equity Group witnessed a 15 percent increase in profits in 2022
Under the leadership of James Mwangi, who owns a 3.38-percent stake in the company, Equity Group saw a 15 percent increase in profit in 2022
Equity Bank Kenya is the Kenyan banking unit of Equity Group Holdings, a financial services groupi.
Mwangi has played a pivotal role in Equity Group’s expansion.
Equity Group Holdings reports impressive Q1 profits of $90 million.
The initiative is aimed at enhancing accessibility and affordability in the country’s healthcare sector.
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
As the CEO and a significant shareholder in Equity Group, Mwangi has helped the lender expand operations beyond Kenya.
By increasing its investment in DR Congo, the Mwangi-led group aims to solidify its position as a key player in the region.