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Equity Bank’s Equitel trade name attracts legal dispute

A leading retail commercial bank and an insurance agency are locked in a fierce battle over ownership of the business name ‘Equitel’.

This dispute over who should use the name Equitel could end up in court if both Equitel Insurance Agency and Equity Group Holdings Limited, which is piloting a mobile money platform named Equitel, do not agree to settle the matter amicably.

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