Risks posed by KCB, Equity expansion

Equity Bank branch on Muindi Mbingu Street in Nairobi. FILE PHOTO | DENNIS ONSONGO | NMG

Both KCB Group and Equity Group Holdings have ramped up their pan-African ambitions, with the DRC being the latest addition to both banks’ geographical footprint.

Equity Group has a presence in six countries while KCB Group now operates in seven countries and they both have disclosed plans to expand further beyond current coverage.

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