Equity Group #ticker:EQTY is set to earn billions of shillings from the introduction of an annual debit card fee of Sh240, which is being charged on millions of active customers in Kenya.
The bank, which has more than 10 million customers in the local market, has started collecting fee from a section of its clients. This will see it earn upwards of Sh2 billion per year, assuming most of the issued cards are active.
