Equity Group Holdings reported full-year 2024 profit before tax of KES 60.7 billion, a 17% increase year on year, with profit after tax rising 12% to KES 48.8 billion. Regional subsidiaries accounted for 49% of group assets. The results were published on 27 March 2025.
Equity Group has subsidiaries operating in Uganda, Tanzania, Rwanda, South Sudan and the Democratic Republic of Congo. Together, these regional businesses contributed 54% of group profit before tax during the year.
CUSTOMERS, MOBILE TRANSACTIONS AND DEPOSITS
The group's customer base expanded to 21.6 million. Mobile transaction values rose 67% to KES 3.17 trillion during the year.
Customer deposits grew to KES 1.4 trillion.