Kenyan banking group Equity Group Holdings recorded a net profit of 580 million USD in 2025, up 55% from the previous year, supported by the growth of its activities in East and Central Africa. With this result, described as a “record”, the board of directors proposed a total dividend of 167 million USD, an increase of more than a third compared to 2024.
During the 2025 financial year, revenues reached nearly 1.67 billion USD, up 12%, while the cost-to-income ratio improved to 51%, reflecting cost control in a context of regional expansion. The total balance sheet stood at 15.2 billion USD, with loans increasing and deposits showing moderate growth. The group had 22.4 million customers by the end of December, with the majority of transactions being conducted through digital channels.
While Kenya remains the main market, growth was driven by subsidiaries in the Democratic Republic of Congo, Uganda, Rwanda, and Tanzania, which now contribute to nearly half of the group’s profits.
CEO James Mwangi indicated that this momentum was based on revenue diversification and regional expansion.
The bank also reduced its provisions for loan losses and strengthened its coverage of doubtful debts, signaling an improvement in asset quality.
However, the group notes that despite these results, continued growth will depend on the stability of the regional economies in which the group operates, in a context marked by macroeconomic and monetary risks.
