153 INSIGHTS on @KeEquityBank
@KeEquityBank is the story of WHAT IS POSSIBLE.
An investment in Equity Holdings is an investment in innovation. Peter Munga founded Equity Building Society in 1984 & James Mwangi took the bank to create heights that were never imagined before
@KeEquityBank is the story of WHAT IS POSSIBLE.
An investment in Equity Holdings is an investment in innovation. Peter Munga founded Equity Building Society in 1984 & James Mwangi took the bank to create heights that were never imagined before
1β£ It became a commercial bank known as Equity Bank Ltd in 2004 and was listed on the Nairobi Securities Exchange in 2006. Since listing at the NSE, the bank's assets have grown by 65 times from Ksh 20bn to Ksh 1.3 trillion while the customers have grown 16 fold.
2β£ It is one of the most successful listing stories at the @NSE_PLC and is considered a growth stock by investors @mmnjug @KIBankers
3β£ It is the largest bank in East Africa by market capitalization, assets, shareholder funds, profits, and customer deposits
4β£It has given investors 25X returns since 2007
5β£ It has the largest SME loan book in East Africa with 47% of its Ksh 587bn loan book being held by SMEs and MSMEs as of 31.12.2021
6β£ It has operations in 6 East African countries with the largest operations being in Kenya and DRC
@mmnjug @mbuguanjihia
@mmnjug @mbuguanjihia
7β£ It made Ksh 7.3bn in profit after tax from regional subsidiaries which are growing faster than the Kenyan operation @mmnjug @Theo_mwangi @SokoAnalyst @KIBankers
8β£It hit the Ksh 1 trillion asset base milestone in 2020, becoming the first Kenyan banking company to do so.
9β£ It hit the 1 million customer base milestone in 2006, the same year in which it was listed at the @NSE_PLC @DavidNdii
πIt gained entry into Uganda through an acquisition.
Ukiona vyaelea, jua vimeundwa chart ;-)
Ukiona vyaelea, jua vimeundwa chart ;-)
11. The journey to Ksh 1 trillion in the asset base @MoRemtulla @cheruiyotkb @Eva_Kimani_ @MJurgenfeldt @moneyacademyKE
13. In 2007 Helios invested $185m (~KES 11b) in one of the best strategic investments ever made in a Kenyan company. The investment and its exit have become a case study of patient capital investments in funding rapid expansions rather than the use of leverage. @nderi_j
14. 13. On 31st December 2014, the Group finalized an internal restructuring that culminated in its conversion into a non-operating holding company, Equity Group
Holdings Limited (EGHL) in order to further meet its objectives
Holdings Limited (EGHL) in order to further meet its objectives
15. In 2015, shareholders approved the creation of additional shares worth Ksh 20bn to be used for regional expansion. #PatientCapitalPlay @mbuguanjihia @mmnjug
16. At the current annual growth rate of shareholder funds/book value, the bank is set to hit Ksh 200bn in shareholder funds-(All factors held constant) @WilliamMomanyi4 @khusoko
18. It launched Equitel, the first MVNO(Mobile Virtual Network Operator) by a bank in Africa. Transactions worth Ksh 1.8 trillion were done on Equitel in 2021 @mmnjug
19. It is the leading Financial Institution in East Africa in Visa Acquiring business. Equity grew its acquiring business by double-digit to 53% YoY, which was attributed to the E-Commerce, as its processed volume tripled compared to 2020. equitygroupholdings.com
The Bankβs payment volume increased to Kshs. 78.12 billion in 2021, up from Kshs. 51.21 billion in 2020, while the transaction count grew by 21% to 14.08 million in 2021, up from 11.68 million in 2020.
20. E-commerce is its fastest-growing digital business and brought in Ksh 1.38bn in 2021
21. It has leadership in diaspora remittances
22. It is cross-listed in the Rwanda stock exchange, the Uganda stock exchange, and the Dar es salaam stock exchange
23. They are the most profitable bank in East Africa and the 3rd in profitability when looking at the Kenyan & Nigerian banks
2021 Profit after Tax
πΏπ¦
@StandardBankZA
$1.71bn
π³π¬
@ZenithBank
$590m
π°πͺ
@KeEquityBank
$350m
πΉπΏ
@NMBTanzania
$125m
2021 Profit after Tax
πΏπ¦
@StandardBankZA
$1.71bn
π³π¬
@ZenithBank
$590m
π°πͺ
@KeEquityBank
$350m
πΉπΏ
@NMBTanzania
$125m
23.
24. 11-year financial performance by @KeEquityBank
Assets have grown 6X and profits 4X
@KIBankers @MihrThakar @Jayriq @mbuguanjihia @mmnjug @SokoAnalyst @cdsckenya @ShareHubKE @ChiboliS @kiagesimba @RufasKe
Assets have grown 6X and profits 4X
@KIBankers @MihrThakar @Jayriq @mbuguanjihia @mmnjug @SokoAnalyst @cdsckenya @ShareHubKE @ChiboliS @kiagesimba @RufasKe
25. 4 out of the 9 board members are women
25. It became the second Kenyan bank to have shareholdersβ funds of above KES 100bn and $1bn in 2019 a milestone that was first achieved by KCB in 2017
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