July 18, 2024

Equity Bank Opens New Branches in Gikomba and North Horr

Equity Bank Opens New Branches in Gikomba and North Horr

Equity Bank has launched two new branches, with its second branch in Gikomba Market and one in North Horr, Marsabit county, aiming to increase the availability of financial services for individuals and businesses in these areas.

The new branch in Gikomba will provide needed convenience and accessibility for individuals and business owners. The branch will link businesses and business owners to key suppliers and distributors through effective working capital financing across the business value chain.

The branch aims to continue the banks initiatives to empower and drive gains for small businesses through the provision of a wide range of financial services and financial literacy programs. 

The North Horr branch is part of the Bank’s ongoing commitment to enhance accessibility to banking services and bring financial empowerment closer to rural communities. The people of North Horr can now enjoy access a wide range of tailor-made financial solutions for individuals and businesses.

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Additionally, Equity offers a free financial literacy program designed to stimulate job creation and economic growth. This program provides customers with training and mentorship in financial, entrepreneurship, and digital literacy. The new branch will focus on enhancing financial capability and inclusion, empowering customers with the knowledge and skills to improve their financial management.

Equity has also opened new branches in various locations across the country. These equity bank branches are situated at Mombasa-Kenyatta Avenue, Mariakani, with Kahawa West relocating to West View Plaza along Northern Bypass and Kakuma moving to a new location next to Gateway Health Centre in Kakuma town.

All Equity Bank branches are interconnected across the areas where the bank operates, allowing customers to deposit or withdraw money at any branch. For instance, customers can deposit at the Gikomba Branch and access their funds in Kampala, Uganda, or Kinshasa, DRC, through Equity’s borderless banking (intercountry) payments and account settlement solution. This system facilitates easy trading within the East African Region, making Equity an ideal partner for businesses looking to expand operations across borders.

With the addition of these new branches, Equity Group now has a network of 404 branches across Kenya, DRC, Uganda, Rwanda, Tanzania, South Sudan, and a representative office in Ethiopia, supported by 83,142 agents, 33,179 POS merchants, and over 1.1 million PayWithEquity merchants throughout East and Central Africa.

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Equity Bank is Kenya’s most valuable brand, with its brand value increasing by 1% to KES 65.8 billion, according to Brand Finance, the world’s leading brand valuation consultancy. This places Equity Bank at the forefront of the Kenyan financial sector.

Even amid a demanding financial environment characterized by increased loan loss provisions and a decline in net profit, Equity Bank has shown remarkable financial management by significantly increasing its net interest income. Further cementing its reputation, Equity Bank has maintained an impressive Brand Strength Index score of 92.46, nearly matching last year’s score of 92.43.

For any inquiries, the equity bank customer care can be reached 24/7 via the equity bank contact at 0763 000 000. You can also utilize the equity bank paybill number (247247) and the equity bank ussd code (*247#) for mobile banking transactions. Their international reach is further enhanced by the equity bank swift code (EQBLKENAXXX).