Equity Bank Kenya SME Lending
Equity Bank Kenya: largest Kenyan bank ($1.79bn market cap). 72% of loan book is SMEs. AGF $1bn partnership. Pan-African presence: Kenya, DRC, Rwanda, S Sudan, Tanzania, Uganda.
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Description
Equity Bank is the largest commercial bank in Kenya by market capitalization (USD 1.79 billion) and a regional banking heavyweight with operations in Kenya, DRC, Rwanda, South Sudan, Tanzania, and Uganda. Approximately 72% of Equity Banks loan book is committed to small and medium-sized enterprises, making it the dominant SME lender in East Africa. Equity Bank holds a USD 1 billion partnership with the African Guarantee Fund for SME lending and has received a USD 100 million subordinated facility from IFC. The bank operates Equity Asset Finance, Biashara Loans, and Trade Finance products specifically tailored to SMEs.
Focus Sectors
SME, Sector Agnostic, Trade Finance, Asset Finance
Source: Equity Bank Kenya
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South Africa
Ghana
Rwanda
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