Equity Group Holdings PLC Reports 3rd Quarter 2024 Profit After Tax of Kshs 40.9 Billion

L-R: Equity Bank Kenya Managing Director, Moses Nyabanda, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Chief Internal Auditor, Beth Kithinji, during the Q3 2024 Investor Briefing event.

Against a backdrop of continued macroeconomic headwinds of high interest rates and volatile exchange rates across the markets that the Group operates in, Equity Group Holdings Plc (EGH) continues to demonstrate resilience, with regional businesses contributing 51% of profit before tax and 48% of total assets to reach Kshs.1.7 trillion as of 30th September 2024. The Group, which has been named the top financial brand in Africa and the 2nd strongest bank Brand in the world by Brand Finance and backed by its motto of ‘’Growing Together in Trust’’, has seen its deposit franchise grow 9% year-on-year to Kshs.1.3 trillion,…

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