05/11… Equity Bank TZ and Tanzania Revenue Authority (TRA) have entered into a partnership that allows tax payers in Tanzania to pay all their taxes through Equity Bank branches countrywide.
Equity Bank Group third quarter profits soars 26% on the back of growing regional economic activities
Equity Bank Group, on Thursday announced that its profit after tax for the third quarter of 2014 grew by 26% to Kshs. 11.2 billion up from Kshs. 8.9 billion in the same period last year.
Regional financial services provider Equity Bank Group has returned to its traditional growth path by recording a 21% growth in its first quarter performance amidst a challenging operating environment.
Equity Bank Group’s investment in ICT and Focus on SME boosts profits by 11 percent in the year 2013 while cementing Return on Equity at 28% despite challenging environment
Equity Bank And American Express Announce Card Issuing And Merchant Acquiring Partnership In Kenya, Tanzania And Uganda
Equity Bank Group Strengthens Its Fundamentals While Expenses Of ICT, Innovation And Product Rollout
Equity Bank Group strengthens its fundamentals while expenses of ICT, Innovation and Product Rollout Slows Profit Growth To 7%
Regional banking group, Equity Bank's reduction of interest rates by 700 bps from 25% to 18% has paid off by growing its loan book by Kshs 11 billion to Kshs 150 billion from Kshs 139 billion in the first quarter 2013 resulting in a growth of 21% in Year on Year.
Nairobi, Feb 28 . . . Regional banking giant, Equity Bank Group has continued to defy macro economic turbulence to deliver strong growth, with profits before tax increasing by 36% to Ksh 17.4 billion up from Ksh12.8 billion realized the previous year.2013