Who owns the Equity Bank? (2024)

Who owns the Equity Bank?

The Bank has over 28,000 shareholders. Major owners are as follows: Helios EB Investors (24. 5%), British-American Investment Company (Kenya) Limited (11.0%), Equity Bank Employees Share Ownership Plan (4.2%), James Njuguna Mwangi (3.45%) and Leah Wanjiku Muguku ( 3.3%).

(Video) Equity founder Munga retires from the bank
(Citizen TV Kenya)
Who is the biggest shareholder in equity banks?

The Bank has over 28,000 shareholders. Major owners are as follows: Helios EB Investors (24. 5%), British-American Investment Company (Kenya) Limited (11.0%), Equity Bank Employees Share Ownership Plan (4.2%), James Njuguna Mwangi (3.45%) and Leah Wanjiku Muguku ( 3.3%).

(Video) Success factor | James Mwangi, CEO equity bank
(Citizen TV Kenya)
Is Equity Bank a safe bank?

With Equity Bank, you can trust that sophisticated technology, protocols and procedures will help keep your money safe.

(Video) Equity Bank Group posts increase in earnings to Ksh. 36.2 billion
(Citizen TV Kenya)
Who owned Equity Bank?

Ownership. The Equity Bank Kenya Limited is wholly owned by the Equity Group Holdings, which has a customer base in excess of 14 million in six East African countries, making it one of the largest commercial banks on the African continent by number of customers.

(Video) Who Owns Kenya: Dr. James Mwangi
(Citizen TV Kenya)
Is Equity Bank a real bank?

Equity Bancshares, Inc. is the holding company for Equity Bank, with locations throughout Kansas, Missouri, Oklahoma and Arkansas, offering a full range of financial solutions, including commercial loans, consumer banking, mortgage loans, trust and wealth management services and treasury management services, while ...

(Video) Equity bank officials charged with sh62b fraud
(New Vision TV)
Who did Equity Bank merge with?

(NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced it completed its merger with Rockhold BanCorp (“Rockhold”), the parent company of the Bank of Kirksville in Kirksville, Missouri.

(Video) Equity Bank CEO says bank can lend to any Kenyan who needs a loan
(CGTN Africa)
Who is the CEO of Equity Bank?

James Mwangi is a Kenyan businessman and philanthropist who needs no introduction in his home country. He is widely recognized as the Group Managing Director and Group CEO of Equity Bank Limited Group Holdings Limited, the largest banking conglomerate in East and Central Africa by customer base.

(Video) Equity Group Holdings PLC Investor Briefing & Release of Full Year 2023 Financial Results
(Equity Bank)
What is the safest bank to keep your money in?

JPMorgan Chase, the financial institution that owns Chase Bank, topped our experts' list because it's designated as the world's most systemically important bank on the 2023 G-SIB list. This designation means it has the highest loss absorbency requirements of any bank, providing more protection against financial crisis.

(Video) Equity Bank’s James Mwangi: The Challenges of Regional Expansion in Africa
(Harvard Business School)
Is equity a good bank?

SmartAsset has rated Equity Bank 4.3 stars out of 5, suggesting it is a great choice and should warrant serious consideration. Equity Bank provides customers with a full suite of product offerings, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards.

(Video) What is Equity
(The Finance Storyteller)
Is Equity Bank FDIC insured?

Secure and Strong. Your community bank delivers, time and again, with roots in our local communities, deposits insured by the FDIC, and the tech solutions you need. We never forget it's your money.

(Video) Equity Bank CEO James Mwangi says private sector will work with governments to tackle climate crisis
(Citizen TV Kenya)

How big is Equity Bank?

Elliott is our founder, Chairman and Chief Executive Officer. Under Mr. Elliott's leadership over more than 20 years, Equity Bank has grown to $5.2 Billion in total assets with more than 60 locations across Kansas, Missouri, Oklahoma, and Arkansas.

(Video) Equity bank ranked best overall bank in the Think Business Awards
(Citizen TV Kenya)
What is the former name of Equity Bank?

In 2004, the Equity Building Society was converted into a fully-fledged commercial bank. Its name changed to Equity Bank Limited. (EBL).

Who owns the Equity Bank? (2024)
How long has Equity Bank been around?

In 1984, Equity Building Society -now the bank arm of the group- was founded, and has recorded various key milestones through the years.

Does Equity Bank operate in USA?

Equity Bank is a community bank. It is headquartered in Wichita, Kansas with locations in Arkansas, Kansas, Missouri, and Oklahoma. Equity Bank's parent company, Equity Bancshares, Inc., is based in Wichita.

Is Equity Bank available in the USA?

Equity Bank. Community Banking in Kansas, Missouri, Arkansas and Oklahoma. Your home team.

How many customers does Equity Bank have?

Currently, Equity Bank has more than 16.9 million customers making it the largest bank in terms of customer base in Africa and having nearly half of bank accounts in Kenya.

Who are Equity Bank competitors?

Like many other institutions Equity Bank (Kenya) Limited has adopted various strategies in order to remain competitive and relevant in its Page 11 2 bid to successfully compete with big and well networked indigenous banks such as Kenya Commercial Bank and multinational banks such as Barclays Bank and Standard Chartered ...

Is Equity Bank an online Bank?

Equity Online is an internet banking platform allowing individuals and business people perform banking and lifestyle activities at home/office via the internet.

What black owned banks merge?

A merger announced Wednesday will create the nation's largest Black-controlled bank and the first with assets of more than $1 billion. Broadway Federal Bank, a Los Angeles-based commercial lender founded in 1946, will combine with City First Bank in Washington, which opened in 1998.

How much is Equity Bank worth?

About Equity Group

Equity Group is the largest bank in the region in assets of Kshs 1.45 trillion (USD 11bn). It is also the biggest bank in deposits, market capitalization of USD 1.38bn and with a customer base of over 17.5 million customers.

Who are the directors of Equity Bank?

Board of Directors
James Njuguna Mwangi Group CEO & Non-Independent Executive DirectorEquity Group Holdings Plc
Temitope Olugbeminiyi Lawani Non-Executive DirectorEquity Group Holdings Plc
Mary Wangari Wamae Non-Independent Executive DirectorEquity Group Holdings Plc

Who is the CFO of Equity Bank?

Chris Navratil

Navratil first joined Equity as a Senior Vice President within Finance in February 2019. In December 2022, Mr. Navratil was promoted to Bank CFO, overseeing financial and balance sheet strategy, liquidity, financial planning and analysis, investor outreach and more.

What banks are in danger of failing?

7 Banks to Dump Now Before They Go Bust in 2023
SHFSSHF Holdings$0.50
WALWestern Alliance$27.32
ECBKECB Bancorp$11.24
PACWPacWest Bancorp$5.97
FFWMFirst Foundation$4.35
2 more rows
May 8, 2023

What bank do millionaires keep their money?

1. JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. “With J.P. Morgan, each client is given access to a panel of experts, including experienced strategists, economists and advisors.”

What banks are most at risk right now?

These Banks Are the Most Vulnerable
  • First Republic Bank (FRC) . Above average liquidity risk and high capital risk.
  • Huntington Bancshares (HBAN) . Above average capital risk.
  • KeyCorp (KEY) . Above average capital risk.
  • Comerica (CMA) . ...
  • Truist Financial (TFC) . ...
  • Cullen/Frost Bankers (CFR) . ...
  • Zions Bancorporation (ZION) .
Mar 16, 2023

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