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Equity Bank South Sudan Limited

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Equity Bank South Sudan Limited
Company typePrivate
IndustryBanking and Finance
Founded2008
HeadquartersJuba, South Sudan
Key people
Addis Ababa Othow
Managing Director
ProductsLoans, Checking, Savings, Investments
ParentEquity Group Holdings Limited

Equity Bank South Sudan Limited (EBSSL) is a commercial bank in South Sudan. The bank provides banking services to individuals and to small and medium business enterprises. It is one of the commercial banks licensed to operate in the country by the Bank of South Sudan, the central bank and national banking regulator.[1]

Equity Group Holdings Limited

Road sign of the Equity Bank in Juba in 2011

Equity Bank South Sudan is a subsidiary of Equity Group Holdings Limited (EGHL), a large financial services conglomerate, with an asset base estimated at over US$3.83 billion (KES:339.44 billion), and shareholders' equity in excess of US$644.6 million (KES:57.1 billion), as of 30 September 2014.[2] EGHL has a customer base in excess of 9.2 million in the five East African countries that it serves, making it the largest commercial bank on the African continent, by customer numbers.[3] The stock of the Equity Group Holdings Limited is listed on the Nairobi Stock Exchange, where it trades under the symbol EQTY. It is also cross-listed on the Uganda Securities Exchange under the symbol: EBL.[4] Subsidiaries of Equity Group Holdings Limited include the following companies:

  1. Equity Bank Kenya Limited - Nairobi, Kenya Kenya
  2. Equity Bank Rwanda Limited - Kigali, Rwanda Rwanda
  3. Equity Bank South Sudan Limited - Juba, South Sudan South Sudan
  4. Equity Bank Tanzania Limited - Dar es Salaam, Tanzania Tanzania
  5. Equity Bank Uganda Limited - Kampala, Uganda Uganda
  6. Equity Bank CongoKinshasa, Democratic Republic of the Congo Democratic Republic of the Congo
  7. Equity Consulting Group Limited - Nairobi, Kenya Kenya
  8. Equity Nominees Limited - Nairobi, Kenya Kenya
  9. Finserve Africa Limited - Nairobi, Kenya Kenya
  10. Equity Group Foundation - Nairobi, Kenya Kenya
  11. Equity Investment Bank - Nairobi, Kenya: Equity Bank Group has 100% shareholding
  12. Equity Insurance Company - Nairobi, Kenya: Equity Bank Group has 100% shareholding.[5]

Ownership

Equity Bank South Sudan Limited is a 100% subsidiary of Equity Group Holdings Limited, a diversified financial services conglomerate, with subsidiaries in Kenya, Uganda, Tanzania, Rwanda and South Sudan. The shares of stock of the Group are traded on the Nairobi Stock Exchange and on the Uganda Securities Exchange.[6]

Branch network

Equity Bank South Sudan Limited has its headquarters in South Sudan's capital city, Juba. The bank maintains branches in many of the country's major urban centers, including the following:[7]

  1. Juba Branch - Ground Floor, Equity Plaza Juba (Main Branch)
  2. Bilpham Branch - SPLA Headquarters, Juba
  3. Hai Malakal Branch - Juba-Malakal Road, Malakal
  4. Yei Branch - Equity Building, Yei
  5. Yambio Branch - Equity Building, Yambio.
  6. Torit Branch - Torit
  7. Nimule Branch - Nimule
  8. SSBL Branch - Juba
  9. Kajo Keji Branch - Kajo Keji[8]

See also

References

  1. ^ Gurtong, . "Gurtong Trust: Licensed Commercial Banks In South Sudan". Gurtong.net (Gurtong). Retrieved 3 December 2014. {{cite web}}: |first= has numeric name (help)
  2. ^ EGHL, . (October 2014). "Equity Bank Group Financial Statement As At 30th September 2014". Equity Group Holdings Limited (EGHL). Retrieved 3 December 2014. {{cite web}}: |first= has numeric name (help)
  3. ^ Flood, Zoe (3 July 2014). "Kenya's Mobile Innovation Brings Digital Money Closer". BBC News. Retrieved 3 December 2014.
  4. ^ Gachiri, John (1 January 2013). "Kenyan Blue Chips Lift Uganda Stock Market Valuation". The EastAfrican. Nairobi. Retrieved 3 December 2014.
  5. ^ Vision Reporter (28 May 2009). "Equity Bank expects 40% profit growth this year". Kampala. Retrieved 21 July 2018.
  6. ^ Wahito, Margaret (31 October 2014). "Equity Bank Restructuring To Form New Holding Company". Nairobi: 98.4 Capital FM. Retrieved 3 December 2014.
  7. ^ EBSSL, . (2011). "Equity Bank South Sudan Limited: Branches". Equity Bank South Sudan Limited (EBSSL). Retrieved 3 December 2014. {{cite web}}: |first= has numeric name (help)
  8. ^ EBSSL, . (9 October 2012). "Equity Bank South Sudan Opens 8th Branch". Equity Bank South Sudan Limited (EBSSL). Retrieved 3 December 2014. {{cite web}}: |first= has numeric name (help)