Equity, Co-op, NCBA attach Sh1.75trn land as collateral

Equity Bank branch along Muindi Mbingu street in Nairobi pictured on June 8, 2025.

Photo credit: Lucy Wanjiru | Nation Media Group

The worth of land and property that Equity Group is holding as collateral for loans has crossed the Sh1 trillion mark for the first time, underlining the use of plots as security for debt.

The lender disclosed that it held Sh1.15 trillion as loan security as of December, up from Sh638 billion the previous year, reflecting an 80.2 percent increase.

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