Equity Group #ticker:EQTY has crossed the Sh1 trillion asset threshold on transfer of newly-acquired Congolese bank’s wealth to its books, setting it on stage to compete for big-ticket financing deals on the continent.
Managing director James Mwangi said the Sh1 trillion balance sheet puts the lender ahead of all banks in east and central Africa in asset value, helping improve its “visibility” to international investors.
