EQUITY GROUP INVESTOR BRIEFING & RELEASE OF 2016 FULL YEAR FINANCIAL RESULTS

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EQUITY GROUP INVESTOR BRIEFING & RELEASE OF 2016 FULL YEAR FINANCIAL RESULTS

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Equity Bank CEO: CEO James Mwangi

EQUITY GROUP INVESTOR BRIEFING & RELEASE OF 2016 FULL YEAR FINANCIAL RESULTS

Equitel has been disbursing more loans than branches

Mwangi: Equity customers swiped up to 50 billion shillings in supermarkets and other outlets

Mwangi: Equity has done 2.7 million transactions 3x the agents and 10 times the ATMs

Liquidity in the banking industry has also been an issue ~ CEO James Mwangi.

Paypal has overtaken Moneygram in terms of customer usage. Currently standing at 27%. While monegram stands at 18%

Since introduced , Eazzyapp has attracted up to 160,526 downloads with 10.2M transacted via it.

The bank created three directorates to enhance focus on credit, SME, corporate and retail – Dr. Mwangi

200 Equity branches issued 400k loans vis a vis 3.5m loans issued by Equitel. ‘Customers have declared branches dead’.

EQUITEL currently has a customer base of 1.2 million as at end of 3rd quarter 2015..

Equity now has 7.5 million customers.

 

Source:Equity Bank

 

EQUITY GROUP INVESTOR BRIEFING & RELEASE OF 2016 FULL YEAR FINANCIAL RESULTS Reviewed by on March 15, 2017 .

Equity Bank CEO: CEO James Mwangi EQUITY GROUP INVESTOR BRIEFING & RELEASE OF 2016 FULL YEAR FINANCIAL RESULTS Equitel has been disbursing more loans than EquityBank branches #EquityResults Mwangi: Equity customers swiped up to 50 billion shillings in supermarkets and other outlets #EquityResults Mwangi: Equity has done 2.7 million transactions 3x the agents and 10 times

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