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Equity Group Holdings reported a 32 percent rise in net profit to Sh54.1 billion for the nine months ended September 2025, driven by regional growth and improved asset quality.
The lender attributed the performance to strong non-funded income and lower loan loss provisions, reflecting continued resilience across East Africa.
The results position Equity Group among Kenya’s most profitable banks at a time when the sector is recovering from tight liquidity and currency pressure. The performance highlights how regional diversification has shielded major lenders from domestic headwinds such as inflation and slow private-sector credit growth.
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Customer deposits grew to Sh1.4 trillion, while total assets reached Sh1.9 trillion. The loan book expanded by 21 percent to Sh817 billion.
Equity Group Managing Director and CEO James Mwangi said the strong results reflect customer trust and prudent risk management. “Our regional subsidiaries are contributing almost half of the profits, proving the success of our Pan-African model,” he said.
The bank’s non-performing loan ratio dropped to 7.6 percent from 8.8 percent a year earlier, signaling improved credit performance.