T
Originally published by Techish Kenya
📰 Read Full Article
tech
August 14, 2025
2d ago

Equity Group H1 2025: Profit Up 17 Percent To KES 34.6B As Subsidiaries And Insurance Lift Earnings

Equity Group H1 2025: Profit Up 17 Percent To KES 34.6B As Subsidiaries And Insurance Lift Earnings

Equity Group H1 2025 profit rises 17 percent to KES 34.6B, with record quarterly PBT and growing insurance and regional contributions...

✨ Key Highlights

Equity Group has announced a significant financial boost, with its half-year profit after tax soaring by 17 percent to KES 34.6 billion for H1 2025. This robust performance is attributed to a successful four-year transformation program and strong contributions from its regional subsidiaries and growing insurance business.

  • Equity Group's profit after tax for H1 2025 surged by 17 percent to KES 34.6 billion, up from KES 29.6 billion in the previous year.
  • The bank's regional subsidiaries now contribute nearly half of its banking business, accounting for 46 percent of banking profit before tax and 43 percent of profit after tax.
  • The Insurance Group's balance sheet grew by 40 percent to KES 31.48 billion, with profit after tax increasing by 27 percent to KES 660 million, driven by strong growth in both life and general insurance segments.
  • Kenya's profit after tax significantly rose by 40 percent to KES 19.5 billion, with the DRC following with a 22 percent increase to KES 9.1 billion.
  • Over 98 percent of transactions occur outside branches, with 87.4 percent on digital channels, highlighting the success of the bank's digital transformation strategy.

Continue Reading

Read the complete article from Techish Kenya

📰 Read Full Article