Equity Bank and Kenya Commercial Bank (KCB) have been directed to sell at least 30 percent each in their subsidiaries in the Democratic Republic of Congo (DRC). DRC’s Central Bank, Banque Centrale du ...

For the best experience, please enable JavaScript in your browser settings. DRC has become a meaningful market for Equity Bank since acquiring BCDC in 2019. In the ...

Both view DRC subsidiaries as foreign units that would diversify their profits and cut reliance on Kenya. This performance saw Equity CEO James Mwangi earlier hint that the bank could move its ...