Equity scoops top EAC banking award

Business
By Esther Dianah | Jul 15, 2025
Equity Group CEO James Mwangi during an investor briefing event. [File, Standard]

Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards.

The award ceremony took place in Abidjan, Cote d'Ivoire, with the lender recognised for its role in deepening financial inclusion, empowering communities, and promoting sustainable economic development across East Africa.

Equity Group Managing Director James Mwangi said: "We are deeply honoured by this recognition. This award is a testament to our commitment to delivering transformative financial services that empower individuals, businesses, and communities across East and Central Africa."

The African Banker Awards, now in their 19th year, celebrate excellence and innovation in African banking.

Supported by the African Development Bank and partners such as the African Guarantee Fund, the awards recognise institutions and leaders that have significantly contributed to the continent's financial sector over the past year.

Chair of the Awards Committee Omar Ben Yedder emphasised the pivotal role of African financial institutions.

"Strong African-owned banks are critical to scaling development and banks like Equity are at the forefront of that mission."

Equity Group operates in six African markets Kenya, Uganda, Rwanda, Tanzania, South Sudan, and the Democratic Republic of the Congo (DRC) with a representative office in Ethiopia, serving over 22 million customers.

Share this story
Ruto man Ndii rules out new negotiations with IMF team
A standoff between Kenya and the IMF over a new multi-billion-dollar loan programme deepened last week after David Ndii, declared that the country was “not negotiating” with the lender.
Sacco gross loans surpass Sh900b mark
The amount of loans disbursed by Saccos across the country exceeded Sh900 billion in December 2025, according to the latest quarterly industry statistical analysis update from Sasra.
Summit calls for stronger partnerships to tackle youth unemployment
Private sector players were urged to take a more active role in shaping training programmes.
Foreign capital surges as tourism boom drives Sh258 billion
Kenya is seeing a surge in foreign capital, with a tourism boom helping drive investments to Sh258 billion as investors target East Africa’s key economic hub.
New push to promote dignity in Kenya's coffee trade
Since its introduction in 1893, coffee has remained a key Kenyan export, supporting around 1.5 million households, mostly smallholder farmers across 33 counties.
.
RECOMMENDED NEWS