Equity spreads its wings to Western province

September 19, 2009

, NAIROBI, Kenya, Sep 19 – Equity Bank continues to increase its branch network in the country with the opening of seven more branches in Western Kenya this weekend.

The bank opened Malaba, Busia, Bungoma and Luanda branches on Friday and it is expected to launch three more outlets on Saturday in an event that will be officiated by Deputy Prime Minister and Minister for Local Government, Mr Musalia Mudavadi.

“It is our wish that by the end of this year, Equity Bank will have reached more Kenyans. We believe no Kenyan should be locked out of the formal banking system due to lack of banking services,” said Equity Bank Chief Executive Officer James Mwangi.

The economy of Western Kenya is mainly agricultural based, with sugarcane farming the mainstay of many households in the region.

Mr Mwangi said the bank would simultaneously conducted financial literacy campaigns to empower people to seek credit in the bank as part of the launch activities.

Equity is currently Kenya’s biggest bank in customer base with over 4.1 million accounts and growing, with more than 145 branches, over 550 Automated Teller Machines and 2,500 points of sale across the region.

The bank has entered into the regional market, with full operations in Uganda and Southern Sudan.

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