Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Equity Bank expands insurance offerings as profit rises to Sh29b

Equity Group Chief Finance Officer Moses Nyabanda, Group Managing Director and CEO Dr James Mwangi and Chief Internal Auditor Beth Kithinji during the H1 2024 Investor Briefing event. [Wilberforce Okwiri, Standard]

Equity, Kenya's top lender, has stepped up its push into the country's nascent insurance sector after receiving regulatory approval to expand its insurance offerings, taking the fight to traditional local insurers.

The bank revealed its plans to take the competition to the doorsteps of traditional insurers yesterday, after posting a 12 per cent increase in net profit to Sh28.5 billion for the half-year that ended June.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902