Peter Kahara Munga is a businessman and entrepreneur in Kenya, the largest economy in the East African Community. He is the immediate past group chair of the Equity Bank Group, the largest bank holding company on the African continent, by customer numbers, with over 9.2 million customers as of 31 June 2014.
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Who is the owner of Equity Bank?
Equity Group HoldingsEquity Bank KenyaThe Equity Bank Kenya Limited is wholly owned by the Equity Group Holdings, which has a customer base in excess of 14 million in six East African countries, making it one of the largest commercial banks on the African continent by number of customers.
Who is the founder of Equity Bank Kenya?
founder Peter Munga
The rise and rise and Equity Bank’s founder Peter Munga.
Who is the CEO of Equity Bank?
James Mwangi
| James Mwangi | |
|---|---|
| Years active | 1991 – present |
| Employer | Equity Group Holdings Plc |
| Known for | Turning around Equity Bank from a loss making entity in 1993 and making it one of the largest banks in East and Central Africa with an asset base of USD 9 billion as at 2020. |
| Title | Group Managing Director and Group CEO, Equity Group Holdings |
How did Equity Bank Kenya start?
Equity Bank Limited (The “Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya.Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population.
Who is Munga?
He is the immediate past group chair of the Equity Bank Group, the largest bank holding company on the African continent, by customer numbers, with over 9.2 million customers as of 31 June 2014.
| Peter Munga | |
|---|---|
| Years active | 1963–present |
| Title | Immediate past group chair Equity Bank Group |
Which countries have Equity Bank?
EGHL’s headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, Democratic Republic of the Congo and a representative office in Ethiopia.
Equity Group Holdings.
| Equity Group headquarter in Upperhill, Nairobi, Kenya | |
|---|---|
| Key people | Isaac Macharia Chairman James Mwangi Group CEO |
Who are the billionaires in Kenya?
2015
| Rank in Kenya | Name | Net worth (USD) |
|---|---|---|
| 1 | Bhimji Depar Shah and family | 0.7 Billion |
| 2 | Narendra Raval | 0.4 Billion |
| 3 | Naushad Merali | 0.37 Billion |
How much does James Mwangi earn?
James Mwangi Salary: Equity Bank Group chief executive officer James Mwangi was paid a total salary Sh. 65.1 million in the year ended December last year up from salary of Sh. 60.4 million in the full year 2018.
Who owns Kenya Familybank?
Ownership
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Kenya Tea Development Agency | 15.45 |
| 2 | The Estate of Rachel Njeri Muya | 13.42 |
| 3 | Daykio Plantations Limited | 12.30 |
| 4 | Titus Kiondo Muya | 5.34 |
Where is Equity Bank headquarters?
Nairobi, KenyaEquity Bank Kenya
How Much Does Equity Bank pay its employees?
Equity Bank Jobs by Salary
| Job Title | Range | Average |
|---|---|---|
| Job Title:Branch Manager, Banking | Range:$38k – $65k (Estimated *) | Average:$49,651 |
| Credit Analyst | Range:$41k – $66k (Estimated *) | Average:$51,585 |
| Senior Accountant | Range:$44k – $69k (Estimated *) | Average:$55,635 |
| Bank Manager | Range:$37k – $68k (Estimated *) | Average:$50,106 |
Who is the manager of Equity Bank?
Polycarp Igathe named Managing Director of Equity Bank Kenya Ltd.
Who are the owners of Safaricom?
Telkom KenyaSafaricomSafaricom was formed in 1997 as a fully owned subsidiary of Telkom Kenya. In May 2000, Vodafone Group PLC of the United Kingdom acquired a 40% stake and management responsibility for the company.
How many members does Equity Bank have?
9 million customers
Currently, Equity Bank has more than 9 million customers making it the largest bank in terms of customer base in Africa and having nearly half of bank accounts in Kenya. The company’s vision is “to be the champion of the socio-economic prosperity of the people of Africa”.
How many ATMs does Equity Bank have?
One in every five ATMs in Kenya belongs to Equity Bank, thanks to an aggressive expansion strategy. It had 520 ATMs as at December 2016 when the total industry count was 2,656 machines, according to Central Bank of Kenya data.
What is moonga Stone called in English?
Red Coral gemstone
Red Coral gemstone, also known as Praval or Moonga, which is ruled by Mars/Mangal, is one of the popular gemstones that is known to the astrological world.
How can I reverse money from mpesa to equity?
If you have sent money from your Equity Bank account to wrong Mpesa Number and you need reversal then you can contact Equity Bank through 0763026000 and select the reversal option. One of Equity Customer Care agent will pick your call and ask for your account number and phone number where the transaction was made to.
How do I contact Equity Bank Kenya?
Customers will continue to reach us through our 24 hours Contact Centre by calling 100 Call Centre number or 0763 063 000 Contact Centre number.” Dr Mwangi also said that Equity has been continuously investing in secure platforms and capability to fortify relationship with customers.
How do I transfer money from mpesa to Equity Bank?
How to Withdraw money from Equity bank Account to MPesa
- Go to sim toolkit and pick Equitel toolkit.
- Select ‘My Money’
- Choose ‘Send/Pay’
- Select the account number you would like to withdraw from.
- Pick ‘To Others’
- Select ‘Mpesa’
- Type the Safaricom Mpesa phone number you would like to send the money to.
How many Trillionaires are in Kenya?
In a report by Knight Frank released last year, There are 42 billionaires in Kenya, also known as ultra-high net worth individuals, worth over US$30 million each, which is equivalent to KSh3. 07 billion. The country has been ranked fourth in the Knight Frank’s Wealth Report list of the African States” ultra-rich.
