Equity Group Holdings has reported a 23.8 percent growth in profit after tax for the first quarter ended March 2026, riding on cost-cutting, as the listed lender’s asset base crossed the Sh2 trillion mark despite a slowdown in lending.
The lender with operations in Kenya, Rwanda, Uganda, Tanzania, South Sudan and the Democratic Republic of Congo (DRC) reported a profit of Sh18.3 billion, up from Sh14.8 billion.