{"id":470750,"date":"2021-04-22T12:05:13","date_gmt":"2021-04-22T12:05:13","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=470750"},"modified":"2021-04-22T12:05:13","modified_gmt":"2021-04-22T12:05:13","slug":"drc-equitybcdc-inaugurated-by-kenyan-president-uhuru-kenyatta","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/04\/22\/drc-equitybcdc-inaugurated-by-kenyan-president-uhuru-kenyatta\/","title":{"rendered":"DRC: EquityBCDC inaugurated by Kenyan President Uhuru Kenyatta"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The new EquityBCDC bank, a subsidiary of Equity Group Holdings Plc of Kenya in the Democratic Republic of Congo (DRC), was inaugurated on April 21, 2021 in Kinshasa by Kenyan President Uhuru Kenyatta, who visited the premises of the imposing Equity building Center of 18 floors, on the sidelines of a stay in Kinshasa. He urged private investors to maximize the opportunities offered by regional cooperation frameworks such as the African Continental Free Trade Area (AfCFTA) to create regional supply chains.<\/p>\n<p>The Kenyan president congratulated Equity on the milestone of its successful acquisition, integration and merger to create EquityBCDC, which is now the second largest commercial bank in the DRC. Thus merged, the new entity has a balance sheet of more than USD 3 billion with a national footprint of 74 branches, 214 ATMs, 13 dedicated local offices, 3,055 agents, a workforce of 1,156 employees and a customer base of over a million. And with the merger, Equity Group has managed to combine BCDC&#8217;s 112-year heritage in the banking market, with its well-established track record in corporate banking, as well as Equity Bank Congo&#8217;s strong focus on inclusion. financial.<\/p>\n<p>\u201cEquityBCDC gives our more than one million clients unparalleled access to a broad and deep franchise of banking expertise, channels and products, making it the largest financial services network in the DRC. We are building the DRC\u2019s first fully digital bank, \u201dsaid Celestin Mukeba, Managing Director of EquityBCDC.<\/p>\n<p>Equity Group Holdings Plc is an African financial services company listed on the Nairobi Stock Exchange, the Uganda Stock Exchange and the Rwanda Stock Exchange. In addition to Equity BCDC, the group has banking subsidiaries in Kenya, Rwanda, Uganda, Tanzania, South Sudan and a sales representative office in Ethiopia; with other non-bank subsidiaries engaged in the provision of investment banking, depository, insurance agency, philanthropy, advisory and infrastructure services. It has an asset base of over $ 10 billion, making it the region\u2019s largest bank in terms of assets.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The new EquityBCDC bank, a subsidiary of Equity Group Holdings Plc of Kenya in the Democratic Republic of Congo (DRC), was inaugurated on April 21, 2021 in Kinshasa by Kenyan President Uhuru Kenyatta, who visited the premises of the imposing Equity building Center of 18 floors, on the sidelines of a stay in Kinshasa. He<\/p>\n","protected":false},"author":536282,"featured_media":470751,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158,11996],"tags":[14922,17921,17922,14659,753],"class_list":["post-470750","post","type-post","status-publish","format-aside","has-post-thumbnail","category-bank","category-finance-en","tag-drc","tag-equitybcdc","tag-inaugurated","tag-kenyan","tag-uhuru-kenyatta","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DRC: EquityBCDC inaugurated by Kenyan President Uhuru Kenyatta - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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