Samuel Kirubi

Samuel Kirubi, appointed Equity Group Chief Operating Officer

by Muhereza KyamuteteraCompany NewsFinanceThe Big StoryNovember 21, 2022November 21, 2022

Samuel Kirubi, the outgoing Managing Director of Equity Bank Uganda, has been promoted to the position of Group Group Chief Operating Officer (GCOO).He has been replaced by Anthony Kituuka, previously the Executive Director at the bank.In a statement this morning, Equity Group said that, Samuel, had in his seven years…

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Equity Bank Appoints Anthony Kituuka, Managing Director for Uganda

by Muhereza KyamuteteraCEOsCompany NewsFinanceThe Big StoryNovember 21, 2022November 21, 2022

Anthony Kituuka, 47, has been appointed the Managing Director, of Equity Bank Uganda, pending approval by the Bank of Uganda, the financial services regulator.An aggressively passionate and hands-on banker, Kituuka has been the Executive Director, at the bank since April 2016. In that role, he has effectively been the bank’s…

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Equity Bank’s new Contact Centre to deliver round the clock improved support

by CEO ReporterNews & AnalysisOctober 6, 2022October 6, 2022

As one of the strategies to further improve customer experience and deliver services to its customers conveniently, Equity bank has launched a high-tech contact centre. The new Contact Centre will allow the Bank to deliver improved support conveniently to the nearly 1.6 million customers 24/7. Customers will be able to interact with…

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Equity Bank launches Equi-Green loan financing for renewable clean technologies 

by Nelson NambooleCompany NewsNews & AnalysisJune 16, 2022June 16, 2022

Households, Educational institutions and Commercial enterprises are set to benefit from a new clean energy financing product from Equity Bank Uganda that will enable them acquire clean energy technologies for lighting, cooking, and practicing climate smart agriculture. The affordable financing facility – Equi Green loan with support from the Uganda Energy…

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SHARED PROSPERITY: The sweet success story of Equity Bank in Uganda

by Muhereza KyamuteteraThe Big StoryMay 19, 2022June 14, 2022

On Monday, April 25th, 2022, Equity Bank Uganda, a subsidiary of Equity Group Holdings Plc, published its financials for 2021.Well, the publishing of financial performance is a regulatory requirement for all supervised financial institutions- and it must happen before the end of April, of every year, so towards the end…

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Q&A: Equity Bank Uganda’s Samuel Kirubi on the bank’s fast but purposeful rise from the bottom to Uganda’s 6th largest bank

by Muhereza KyamuteteraIndustry & AnalysisLists & RankingsThe Big StoryMay 17, 2022June 14, 2022

2021 was yet another good year for Equity Bank in Uganda. All the key fundamentals posted strong double-digit growth. What are some of the key highlights in your performance that do stand out for the bank?2021 was a tough year for the bank and the industry. Although the bank recorded…

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Equity Bank unveils EazzyFX, an electronic channel for settling forex transactions

by CEO ReporterCompany NewsNews & AnalysisSeptember 15, 2021September 15, 2021

Equity Bank has unveiled EazzyFX, an innovative electronic channel that allows customers particularly Small and Medium Enterprises (SMEs) and corporates to settle forex transactions and enjoy a seamless experience as they deal in foreign currency based on the day’s streaming rates.Additionally, EazzyFX enables customers to request for competitive quotes and…

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Equity Uganda officially unveils new brand identity aimed at charting sustainable growth

by CEO ReporterCompany NewsDecember 17, 2020December 17, 2020

Equity Uganda, a wholly owned subsidiary of Equity Group Holdings, has today unveiled a new identity in line with Equity Group Holdings’ ongoing transformation journey. The new identity is aimed at creating a sustainable growth path and service delivery in today’s dynamic financial services environment.From an identity perspective, the new…

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PEOPLE, MONEY & POWER: Uganda’s 45 Most Powerful and Influential People in Banking, 2019

by Muhereza KyamuteteraThe Big StoryNovember 17, 2019January 15, 2023

The total assets of Uganda’s financial services industry reached UGX.45.81 trillion, or 44.3 percent of Uganda’s GDP, as at end December 2018.The banking sector, dominated 69% of these assets, followed by Pension Funds at 22%, then Funds under Management (6%) and lastly the insurance sector at 3%, according to Bank…

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How Equity Bank transformed a small Ugandan UGX59bn microfinance institution into a UGX1.3 trillion bank

by Muhereza KyamuteteraFinanceThe Big StoryNovember 12, 2019May 8, 2022

Two major mergers and acquisitions in the Ugandan financial sector made headlines in 2008. One was the $25.3 million acquisition of Uganda Microfinance Limited (UML) by Kenya’s Equity Bank and the other was the acquisition and rebranding of Commercial Micro Finance Ltd (CMF), at an undisclosed sum, by Global Trust…

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