Equity Bank Uganda demonstrated a robust recovery in the third quarter of 2025, with profit after tax surging by 61 per cent to $22.4 million, up from $13.9 million.
Investment securities increased by 23 per cent to $306.5 million from $248.4 million, while total equity rose by 23 per cent to $143.1 million, compared to $122.2 million previously.
The bank also achieved a reduction in its non-performing loan (NPL) ratio to 8.8 per cent, down from 20.9 per cent. The Uganda unit was recognised for its strong growth with experts pointing to the country’s low inflation and strong currency as major factors for the bank’s performance.
Equity Bank Kenya also demonstrated a strong recovery, with a growth in profit after tax to $240.7 million, up from $159.4 million. There was robust performance from the Democratic Republic of the Congo, where a 19 per cent loan growth was registered.
Rwanda also witnessed a 34 per cent loan uptake, all of which pushed up the group’s performance. Equity Insurance Group has maintained its strong momentum, reporting a 71 per cent rise in written gross premiums, which has contributed to a 36 per cent growth in profit before tax.
Equity Bank Kenya upheld its market leadership in Micro Small and Medium Enterprise banking, disbursing 45 per cent of the $1.5 billion MSME loans in Kenya from January to July 2025, reflecting a transformation while maintaining a strong focus on its core SME business.
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