×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Weak subsidiaries weigh down Equity Bank’s performance

Mr James Mwangi, Equity Bank CEO. [PHOTO: FILE/STANDARD]

By Jackson Okoth

A volatile political environment in South Sudan has slowed down business for Equity Bank Group, forcing the institution to make a Sh700 million provision to cover possible losses from the subsidiary.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in