Equity bank headquarters in Nairobi. [Wilberforce Okwiri, Standard]
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After announcing a record profit of Sh75.5 billion for the 2025 financial year, Equity Group Holdings Chief Executive James Mwangi calmly presented the lender’s financial statements once again, but this time, in US dollars (USD).
Mwangi noted that the figures had grown significantly, prompting the lender to begin reporting its balance sheet in USD terms.
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