NAIROBI, Mar 18 – Equity Group Holdings reported a strong financial performance for 2025, with pretax profit rising sharply on the back of higher interest income and improved asset quality.
The lender, headquartered in Kenya, said pretax profit increased by 52% year-on-year to 92.1 billion shillings (approximately $711.5 million), up from 60.7 billion shillings in 2024.
The growth was primarily driven by a rise in net interest income, which climbed to 126.9 billion shillings from 108.8 billion shillings in the previous year.
At the same time, the bank reduced its loan loss provisions to 14.5 billion shillings, down from 20.2 billion shillings a year earlier, reflecting improved credit performance and lower levels of non-performing loans.
Equity Group operates across several African markets, including Uganda, Tanzania, Rwanda, Burundi, South Sudan and the Democratic Republic of Congo.
The results highlight the group’s continued regional expansion strategy and its ability to generate earnings growth across multiple markets.
Stronger lending activity, combined with improved risk management, has positioned the bank to benefit from economic recovery trends in key East and Central African economies.
The performance also underscores broader resilience within the region’s banking sector, as lenders adapt to evolving macroeconomic conditions while maintaining profitability.