Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

In DRC, Net Profits of Equity Group Subsidiary Grows 22% in H1 2025, YoY

In DRC, Net Profits of Equity Group Subsidiary Grows 22% in H1 2025, YoY

  • Net Profits in H1 stands at 9.1 billion KES (71.4 million USD).

  • The Congolese subsidiary now the second-largest contributor to Equity Group earnings.

  • Loan portfolio rises 13% to 275.4 billion KES (2.16 billion USD); shareholder equity grows 28% to 82.6 billion KES (648 million USD).

Equity BCDC, the Congolese subsidiary of Kenya-based Equity Group Holdings, recorded a net profit of 9.1 billion Kenyan shillings (71.4 million USD) in the first half of 2025, a 22% increase over the same period in 2024.

The figures highlight the strength of Equity BCDC, now the second-largest contributor to Group earnings after Equity Bank Kenya, accounting for 26.3% of total profits (34.6 billion KES). The Kenyan subsidiary remains the largest contributor at 56.4%, while other regional units and the insurance arm showed mixed results.

Equity BCDC continues to expand its lending operations, with a portfolio rising 13% to 275.4 billion KES (2.16 billion USD), making it the largest regional subsidiary in loan volume, representing 33.4% of the Group’s total.

The Congolese subsidiary is also strengthening its financial stability. Shareholders’ equity increased 28% to 82.6 billion KES (648 million USD), reinforcing confidence despite occasional internal social tensions in the DRC.

Timothée Manoke (intern)


Read Also:

Equity BCDC: Unions decry a "disguised layoff" targeting 460 agents.

Equity bets on DRC for growth, despite regulatory constraints.

Insurance in DRC: Equity targets a market with great potential.

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
new-gecamines-chief-faces-governance-test-under-u-s-drc-partnership
DRC President Félix Tshisekedi has appointed Baraka Kabemba as director general of state miner Gecamines, nearly three weeks after the first meeting of...
we-see-a-structural-copper-shortage-emerging-olivier-binyingo-chairman-of-kamoa-copper
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
soraya-aziz-to-lead-drc-electricity-regulator-amid-push-for-private-investment
Soraya Aziz was appointed Director General of the Democratic Republic of Congo’s Electricity Regulatory Authority (ARE), according to presidential decrees...
drc-reshuffles-leadership-at-gecamines-sakima-and-sokimo
Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on...

African Economies

MOST READ

Please publish modules in offcanvas position.