Kenyan banker
Equity Group led by Kenyan banker James Mwangi cuts debt by $191 million amid high interest rates
James Mwangi, a prominent figure in Kenyan finance, holds a 3.38-percent stake in Equity Group, representing 127,809,180 ordinary shares.
Kenya’s richest banker James Mwangi’s stake in Equity Group soars past $45 million
This surge cements James Mwangi’s position as a top investor on the NSE and underscores his status as one of Kenya’s wealthiest individuals.
Kenyan banker Gideon Muriuki’s Co-op Bank posts $50.25-million profit in Q1 2024
Muriuki, who has played a pivotal role in the bank’s expansion, holds a two-percent stake in the group, now valued at more than $12 million.
Equity Group led by Kenyan banker James Mwangi reports $122.2-million profit in Q1 2024
Equity Group’s total assets rose to Ksh1.69 trillion ($12.91 billion) by the end of the quarter, a 10.46-percent rise from Ksh1.53 trillion ($11.69 billion) a year ago
James Mwangi-led Equity Group’s life insurance unit shakes up Kenya market
Equity Life’s rise coincides with Mwangi’s continued regional expansion of Equity Group across East and Central Africa.
Co-op Bank led by Gideon Muriuki secures $25.2 million to support women-owned businesses in Kenya
Muriuki, Co-op Bank’s CEO and managing director, welcomed the financing, emphasizing the critical need to bolster support for women-owned businesses.
Kenya’s richest banker James Mwangi loses $3.3 million from stake in Equity Group
Mwangi, Kenya’s richest banker, holds a 3.38-percent stake in Equity Group. This equates to 127,809,180 ordinary shares.
Kenyan investment banker Jimnah Mbaru gains $1.2 million in 37 days
Thanks to the surge in Britam shares, Mbaru’s stake in the Kenya-based diversified financial services group is worth Ksh748.8 million ($5.77 million).
Kenyan banker James Mwangi leads Equity’s expansion into general and health insurance
The expansion follows a successful foray into life insurance in 2022 and subsequent approval from the Insurance Regulatory Authority (IRA) in May 2023 to establish a general insurance company.
Equity Group led by Kenyan banker James Mwangi to reward shareholders with $114.4-million dividend
With Mwangi at the helm, the conglomerate remains on course for sustainable expansion and prosperity within the African financial sector.
Kenyan banker Paul Russo-led KCB seeks $200-million loan for Kenyan subsidiary
KCB Bank Kenya’s loan book has surged in recent years, outpacing its deposit base.
Kenyan banker Gideon Muriuki gains $2.6 million from Co-op Bank stake
Gideon Muriuki’s $2.6 million gain underscores the positive impact of his leadership at Co-op Bank.
Kenyan banker Gideon Muriuki leads Co-op Bank to record $170-million profit in 2023
Muriuki, who was instrumental in the Co-op Bank’s expansion, owns a two-percent stake in the leading financial services group.