Equity Group Holdings (Pan‑African)


Parent company: Equity Group Holdings Plc, a leading financial services conglomerate publicly listed in Nairobi, Uganda, and Rwanda


Regional footprint: Subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, DRC, and a representative office in Ethiopia .


Scale: As of Q3 2024, total assets exceeded KSh 1.70 trillion (~US $13 billion) with a customer base of ~21 million .


Philosophy: Committed to inclusive, customer-focused services that empower clients socially and economically .


Key person: James Mwangi – Group Managing Director & CEO, recognized globally for financial inclusion .





? Recent Financial News


Q1 2025 performance: Equity Group’s pretax profit fell ~8% to KSh 18.7 billion (~US $145 million), largely due to a 12% drop in net interest income .


Staff restructuring: As part of efforts to curb fraud and tighten internal controls, Equity Group removed 287 employees in April 2025 .





?? Equity Bank Tanzania
History & Presence


Start of operations: Launched on 9 February 2012, with initial branches in Dar es Salaam and Arusha .


Branch network: Today, 14–15 branches across Tanzania – mainly in Dar es Salaam, plus Arusha, Mwanza, Moshi, Mbeya, Dodoma, Zanzibar, Morogoro .


Headquarters: Based in Golden Jubilee Towers, Ohio Street, Dar es Salaam .


Leadership & Team


MD: Robert Kiboti (Managing Director) and Raymond Mbilinyi (Non‑Exec Chairman) lead the Tanzanian unit .


Workforce: Employs roughly 400–500 employees .


Products & Services


Offers a full range of financial products:



Bank accounts: Checking, savings (including kids’ “Super Junior” accounts), diaspora banking .


Lending: Personal, business, mortgage, agricultural, green energy financing .


Digital/mobile banking: “Eazzy Banking” online/mobile app .


Other services: Investments, fixed deposits, forex services, ATM/card services .




Mission in Tanzania
Equity Bank Tanzania focuses on economic empowerment through innovation:



Vision: Championing socio-economic prosperity across Africa .


Local emphasis: Strong support for sustainable agriculture, green energy, climate resilience, and social enterprise .


Customer Reach


Account base: Over 85,000 Tanzanian customer accounts by mid-2014


Currency services: Offers multi-currency exchange (USD, GBP, Euro, UGX, etc.)


Branch Locations (2025 snapshot)


Dar es Salaam: ~8 branches


Other regions: Arusha, Mwanza, Moshi, Mbeya, Dodoma, Zanzibar, Morogoro





✅ Summary Highlights





Category
Details




Ownership & Scale
Part of Equity Group—a major East/Central African banking group


Tanzania footprint
~15 branches, ~400 staff, comprehensive banking & digital channels


Strategic focus
Financial inclusion, tech-enabled growth, climate & agri-support


Recent trends
Group-level profit dip (–8%), fraud controls, staff realignment