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Equity to award employees cheap shares in Bank in major win for staff

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Equity Bank CEO Dr. James Mwangi during the Q1 2024 Investor Briefing event. [Wilberforce Okwiri,Standard]

Equity Bank employees will now have the opportunity to own shares in the tier-one lender through an employee share ownership plan (ESOP).

The plan outlined in a notice on Tuesday will be interrogated by shareholders at the bank's upcoming annual general meeting (AGM) to be held virtually on June 26.

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