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Equity Bank moves closer to becoming a foreign lender

Sunday, May 19, 2013 — updated on December 15, 2020 - 3 min read

Equity Bank stock has appreciated by more than 900 per cent since listing when share splits and bonuses are taken into account. FILE

Equity Bank has inched closer to becoming a foreign lender as international investors’ purchase of the firm’s shares nears the 50 per cent mark.

Regulatory filings show that foreign investors own 47.4 per cent of the bank, up from 46 per cent in December and 40.82 per cent in October 2011.

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