Equity ya Kenya yaendelea kuimeza DRC, tayari kununua asilimia 60% za Banque Commercial du Congo

[MK254]

Mambo yanakwenda kwa mapigo ya kihivi yaani, Afrika patamu, DRC soko lote hilo.........

Equity Group Holdings (EGH) is on track to acquire a majority stake in the Banque Commercial du Congo.

On Monday, the bank reported its purchase agreement with one of the biggest shareholders at the Congolese bank.

”Equity Group Holdings, (EGH) has entered into a share purchase agreement with George Arthur Forrest, to purchase 66.53% of the shares held by Mr. Forrest in Banque Commercial du Congo (BCDC),” the statement reads.

The agreement however, is subject to the approval of the Central Banks in Kenya and Congo, the Common Markets for Eastern and Southern Africa(COMESA) competition commission and the boards of the two banks.

If these parties approve, the newly acquired bank will gradually be combined with Equity Bank Congo, the bank’s Congo subsidiary in an amalgamation.

The parent group will then pay a total sum of $105 million (Ksh. 10.7billion) for the 625,354 shares it will be acquiring at a price of $167.9 (about Ksh. 17,127) each.

The bank has already gotten approval to acquire the 7.6% share holding currently in the hands of Kreditanstalt Für Wiederaufbau (kfw), a German state-owned bank.

EGH Managing Director James Mwangi said: ‘It is a further step towards the delivery of its vision of building sub-Saharan Africa’s premier financial institution.”

According to him, the plan is to meet their goal of providing innovative products and services to clients particularly by employing technology.

 

[Idiot Embicile]

Tunawasubiri miwivu [emoji23]

 

[Azarel]

Niliwork na Equity bank at Kimathi street Nairobi, kwa Internship 2016, walinikubali sana...!

Ni benki yenye wateja wengi zaidi East Africa, chini ya James Mwangi.

Wako vizuri kiukweli.

 

[HIMARS]

Kampuni za Kikenya ziko vizuri sana. Za kwetu sijui zinakosea wapi. Bank zetu hazifui dafu nje ya Tz ila Wakenya wamejaza zao
BOA, Equity, KCB na nyingine nimesahau

 

[Azarel]

Kampuni za Kikenya ziko vizuri sana. Za kwetu sijui zinakosea wapi. Bank zetu hazifui dafu nje ya Tz ila Wakenya wamejaza zao
BOA, Equity, KCB na nyingine nimesahau

Uswahili, Majungu, Uvivu.

 

[Tony254]

Mambo yanakwenda kwa mapigo ya kihivi yaani, Afrika patamu, DRC soko lote hilo.........

Equity Group Holdings (EGH) is on track to acquire a majority stake in the Banque Commercial du Congo.

On Monday, the bank reported its purchase agreement with one of the biggest shareholders at the Congolese bank.

”Equity Group Holdings, (EGH) has entered into a share purchase agreement with George Arthur Forrest, to purchase 66.53% of the shares held by Mr. Forrest in Banque Commercial du Congo (BCDC),” the statement reads.

The agreement however, is subject to the approval of the Central Banks in Kenya and Congo, the Common Markets for Eastern and Southern Africa(COMESA) competition commission and the boards of the two banks.

If these parties approve, the newly acquired bank will gradually be combined with Equity Bank Congo, the bank’s Congo subsidiary in an amalgamation.

The parent group will then pay a total sum of $105 million (Ksh. 10.7billion) for the 625,354 shares it will be acquiring at a price of $167.9 (about Ksh. 17,127) each.

The bank has already gotten approval to acquire the 7.6% share holding currently in the hands of Kreditanstalt Für Wiederaufbau (kfw), a German state-owned bank.

EGH Managing Director James Mwangi said: ‘It is a further step towards the delivery of its vision of building sub-Saharan Africa’s premier financial institution.”

According to him, the plan is to meet their goal of providing innovative products and services to clients particularly by employing technology.

Nani huyo alisema Kenya haiajaoa nchi za Afrika Mashariki? Geza Ulole joto la jiwe

 

[Tony254]

Niliwork na Equity bank at Kimathi street Nairobi, kwa Internship 2016, walinikubali sana...!

Ni benki yenye wateja wengi zaidi East Africa, chini ya James Mwangi.

Wako vizuri kiukweli.

Nafurahi kuona Mtanzania aliyekula vitabu.

 

[pingli-nywee]

Safi sana, hadi mabeberu wanasalimu amri, nyang'au hapana tambua.

 

[eliakeem]

Naona hii benki inazungumziwa sana, je iko public nami nifaidi?

 

[Venus Star]

Hawa hapa Owner wa Equity

 

[pingli-nywee]

Naona hii benki inazungumziwa sana, je iko public nami nifaidi?

Ndio, unaweza ukajinyakulia hisa zako kadhaa. Equity Bank wali'list' ordinary shares zao NSE mwaka wa 2006. Shareholders 2,600 wa hapo awali wakapata uhuru wa kuuza na kununua hisa 90million. Kabla ya hapo walikuwa wananua na kuuziana wao wenyewe kwa wenyewe. EQTY 47.95(+0.50), as of yesterday.

Equity Group Holdings Ltd (EQTY)

Equity Group Holdings Ltd; Sector: Banking - Equity Group Holdings Limited offers retail banking, microfinance and related services. The bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania with its shares listed in the Nairobi…

live.mystocks.co.ke

 

[eliakeem]

Ndio, unaweza ukajinyakulia hisa zako kadhaa. Equity Bank wali'list' ordinary shares zao NSE mwaka wa 2006. Shareholders 2,600 wa hapo awali wakapata uhuru wa kuuza na kununua hisa 90million. Kabla ya hapo walikuwa wananua na kuuziana wao wenyewe kwa wenyewe. EQTY 47.95(+0.50), as of yesterday.

Equity Group Holdings Ltd (EQTY)

Equity Group Holdings Ltd; Sector: Banking - Equity Group Holdings Limited offers retail banking, microfinance and related services. The bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania with its shares listed in the Nairobi…

live.mystocks.co.ke

Duu nikimaliza issue ya life insurance, inabidi nihamie huko sasa. Lkn lazima nijiridhishe kwanza.

 

[Mekatilili]

You have to respect the zeal and abilities of Kenyan companies.

 

[Depay]

66.6 percent takeover is a big deal indeed.I equally saw some business people from the mining town of Lubumbashi in Kisumu.They want to usew the Port of Kisumu for business.

 

[Mekatilili]

66.6 percent takeover is a big deal indeed.I equally saw some business people from the mining town of Lubumbashi in Kisumu.They want to usew the Port of Kisumu for business.

This is pretty cool. There is a great number of opportunities in Kisumu.

 

[game over]

Nafurahi kuona Mtanzania aliyekula vitabu.

Poor diet is linked to poor Neurocognitive development resulting to poor cognition.
Your comment revealed you had poor or limited diet during your early days of life.

 

[Tim Choice]

Poor diet is linked to poor Neurocognitive development resulting to poor cognition.
Your comment revealed you had poor or limited diet during your early days of life.

Exactly what world bodies say Tanzanian children suffer from hah!

 

[Tony254]

Poor diet is linked to poor Neurocognitive development resulting to poor cognition.
Your comment revealed you had poor or limited diet during your early days of life.

Wewe hujui unaongea na nani.