Equity Group Holdings PLC 2020 Integrated Report
The report highlights Equity Group Holdings Plc's performance and progress for the fiscal year 2020, during which the company reached the one trillion shilling milestone in total assets. Despite the economic challenges of the COVID-19 pandemic, customer deposits grew by 53% to Shs 740.8 billion, and loans to customers increased by 30%. The company successfully acquired Banque Commerciale du Congo (BCDC) and merged it with Equity Bank Congo to form EquityBCDC, the second-largest bank in the DRC. Additionally, the company mobilized Shs 1.7 billion to support COVID-19 response initiatives in the region through the Equity Group Foundation.
Company: Equity Group Holdings PLC
Sector: Finance & insurance
Country: Kenya
Year: 2020
Type: Integrated Report
Pages: 262
Equity Group Holdings PLC
The report highlights Equity Group Holdings Plc's performance and progress for the fiscal year 2020, during which the company reached the one trillion shilling milestone in total assets. Despite the economic challenges of the COVID-19 pandemic, customer deposits grew by 53% to Shs 740.8 billion, and loans to customers increased by 30%. The company successfully acquired Banque Commerciale du Congo (BCDC) and merged it with Equity Bank Congo to form EquityBCDC, the second-largest bank in the DRC. Additionally, the company mobilized Shs 1.7 billion to support COVID-19 response initiatives in the region through the Equity Group Foundation.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees