EQUITY REGIONAL SUBSIDIARIES PERFORMANCE IN Q3 2021
KES Billion
Tanzania
Customer Deposits----22.1
Loan Book------------19.8
Total Assets---------34.0
Profit Before Tax-----0.3

Uganda
Customer Deposits-----64.3
Loan Book-------------45.7
Total Assets----------80.7
Profit Before Tax------2.8

South Sudan
Customer Deposits------8.3
Loan Book--------------0.1
Total Assets-----------12.7
Profit Before Tax------0.03

Rwanda
Customer Deposits------34.9
Loan Book--------------24.8
Total Assets-----------48.8
Profit Before Tax------1.7

DRC
Customer Deposits------304.6
Loan Book--------------101.0
Total Assets-----------356.0
Profit Before Tax------3.2

KENYA
Customer Deposits------604.1
Loan Book--------------559.0
Total Assets-----------800.3
Profit Before Tax------28.2

This is going to be interesting.



Source: https://twitter.com/Tony...atus/1471169700604305415

Only that Equity puts the money into good use.

Waah the Era of expensive loans is coming back.

FY2021 results to be released on Thursday 17 March 2021

Equity Group Full Year 2021 Results [KES YoY]:

- Loan book +23% to 587.7B.
- Total Assets +28.5% to 1.3T.
- Customer Deposits +29.4% to 958.9B.
- Total Interest Income +27.8% to 94.3B.
- Loan provisions -78.0% to 5.8B.
- PAT +99% to 40.1B
- EPS +98% to 10.4
- dps ksh 3

Taking a look at the subsidiaries' performances, what stood out for me was the stellar deposit growth in DRC. Quarter-on-quarter deposits growth volume has already surpassed Kenya's volume yet it's still early years for the brand in the country.

Equity South Sudan is barely making any money there yet KCB was able to squeeze out ksh0.995bn in PBT . Tanzania subsidiary suffering from a lot of NPLs

That is mind-blowing to just think about. Ethiopia has already started loading

What silly Neo-colonialism is this?
Unless Equity is selling NEW shares to IFC, this is trying to screw over existing shareholders.