kenya limited industry banking founded 2014 headquarters 9th floor equity centre hospital road upper hill nairobi kenya key people peter kahara munga chairman james mwangi managing director & ceo products loans mortgages investments debit cards credit cards revenue aftertax us 142.72 million kes 12.64 billion 2013 1 total assets us 3.21 billion kes 284.37 billion q3 2014 parent equity group holdings limited website homepage equity bank kenya limited is a financial services provider headquartered in nairobi kenya . it is licensed as a commercial bank by the central bank of kenya the central bank and national banking regulator . 2 contents 1 history 2 ownership 3 equity group holdings limited 4 branch network 5 governance 6 see also 7 references 8 external links history edit equity bank kenya limited was incorporated in 2014 as a result of the corporate restructure of equity group holdings limited . 3 prior to november 2014 equity group holdings limited operated both as a licensed bank and a holding company for its subsidiaries . on october 31 2014 equity bank announced its intention to incorporate a new wholly owned subsidiary equity bank kenya limited to which it would transfer its kenyan banking business assets and liabilities . the rationale for the re organisation is that by converting equity group holdings limited into a non trading holding company as defined under the banking act that owns both banking and non banking subsidiary companies and provides strategic brand risk and talent management to its subsidiaries the group will be better placed to invest and to develop the existing and new businesses as part of its third phase of growth and transformation . 3 during an extraordinary shareholders general meeting held on november 24 2014 it was resolved to adopt the proposed restructure thus leading to the formation of equity bank kenya limited . 4 ownership edit equity bank is a wholly owned subsidiary of equity group holdings limited . making it a member of the equity group holdings limited . equity group holdings limited edit the equity bank kenya limited s parent company the equity group holdings limited has a customer base in excess of 9.2 million in the six east african countries that it serves making it the largest commercial bank on the african continent by customer numbers . 5 equity group holdings limited is a large financial services conglomerate in east africa with an asset base estimated at over us 3.83 billion kes 339.44 billion and shareholders equity in excess of us 644.6 million kes 57.1 billion as of 30 september 2014 . 6 the companies that comprise the equity group holdings limited include the following equity bank kenya limited nairobi kenya equity bank rwanda limited kigali rwanda equity bank south sudan limited juba south sudan equity bank tanzania limited dar es salaam tanzania equity bank uganda limited kampala uganda procredit bank congo sarl kinshasa democratic republic of the congo equity consulting group limited nairobi kenya equity insurance agency limited nairobi kenya equity nominees limited nairobi kenya equity investment services limited nairobi kenya finserve africa limited nairobi kenya equity group foundation nairobi kenya shares of the stock of equity group holdings limited the parent company of equity bank are listed on the nairobi securities exchange nse under the symbol eqty . the group s stock is also cross listed on the uganda securities exchange use under the symbol ebl . branch network edit equity bank maintains a network of 173 branches across kenya which includes 38 branches in nairobi . governance edit the thirteen member board of directors is chaired by peter munga one of the non executive directors . james mwangi serves as the managing director and chief executive officer of the bank . 7 see also edit equity group holdings limited equity bank rwanda equity bank south sudan equity bank tanzania equity bank uganda list of banks in kenya central bank of kenya references edit ebg . march 1014 . audited december 2013 annual report . equity bank group ebg . retrieved 23 november 2014 . cbk . central bank of kenya directory of commercial banks and mortgage finance companies . central bank of kenya cbk . retrieved 23 november 2014 . a b ebg . 31 october 2014 . circular to shareholders for the transfer of the kenyan banking business to a newly created wholly owned subsidiary . equity bank group ebg . retrieved 23 november 2014 . results of the extra ordinary general meeting of equity bank limited held on 24th november 2014 . http equitybankgroup.com . equity bank group . november 24 2014 . retrieved november 26 2014 . external link in website help flood zoe 3 july 2014 . kenya s mobile innovation brings digital money closer . bbc news . retrieved 23 november 2014 . ebg . october 2014 . equity bank group financial statement as at 30th september 2014 . equity bank group ebg . retrieved 23 november 2014 . ebg . equity bank kenya board of directors . equity bank group ebg . retrieved 23 november 2014 . external links edit equity bank kenya central bank of kenya equity bank group v t e equity group holdings limited banking equity bank kenya limited equity bank rwanda limited equity bank south sudan limited equity bank tanzania limited equity bank uganda limited procredit bank drcongo financial services equity consulting group equity insurance agency equity investment bank equitel foundation equity group foundation board of directors peter munga chairman benson wairegi vice chairman james mwangi ceo employees 6 000 2014 stock symbol kn eqty website www.equitybankgroup.com v t e banks of kenya central bank central bank of kenya commercial bank african banking corporation bank of africa barclays bank bank of baroda bank of india cfc stanbic bank chase bank citibank na kenya commercial bank of africa consolidated bank of kenya cooperative bank of kenya credit bank development bank of kenya diamond trust bank east african development bank ecobank kenya equity bank family bank fidelitybank first community bank giro commercial bank guaranty trust bank kenya guardian bank gulf african bank habib bank habib bank ag zurich housing finance company of kenya i & m bank limited imperial bank limited jamii bora bank kenya commercial bank middle east bank kenya m oriental bank national bank of kenya nic bank paramount universal bank post bank prime bank sidian bank spire bank standard chartered kenya trans national bank kenya united bank for africa victoria commercial bank financial services organization diamond trust bank group equity group holdings limited commercial bank of africa group guaranty trust bank east africa i & m bank group kenya commercial bank group nic bank group foreign banks bank of china bank of kigali hdfc bank nedbank the hongkong and shanghai banking corporation first rand defunct banks dubai bank kenya euro bank microfinance institutions faulu microfinance bank limited smep microfinance bank kenya women microfinance bank related topics automated teller machine atm atm usage fees de materialisation demat foreign exchange forex financial services real time gross settlement rtgs national electronic fund transfer neft structured financial messaging system sfms retrieved from https en.wikipedia.org w index.php title equity bank kenya limited & oldid 727334129 categories banks of kenyacompanies of kenyabanks established in 20142014 establishments in kenyahidden categories cs1 errors external linksengvarb from may 2013use dmy dates from may 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page 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