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Equity Bank’s differentiated strategy results in growth of the Bank’s size to nearly half a trillion on the backdrop of a challenging operating environment
Nairobi….15th March 2017……. Equity Group’s resilient business model weathered a difficult and turbulent operating environment in 2016 to grow its balance sheet size to nearly half a trillion Kenya Shillings.
EIB signs Kshs 10.45 billion support for East African entrepreneurs
The European Investment Bank has signed two new credit lines for East-Africa this morning for a total of EUR 95 million (Kshs 10.45 billion) to be made available through Equity Bank and HFC Limited to support smaller local projects in Kenya, Tanzania, DRC and Uganda.
EIB Vice President Pim van Ballekom, responsible for operations in East Africa, commented: “The credit lines signed today will not only benefit people in Kenya, but are meant for people in neighbouring countries as well.