https://www.businessdail...-lending-to-smes-3323954 Equity Group has received Sh8.2 billion ($75 million) as a credit guarantee fund from pan-African financial institution, African Guarantee Fund in order to increase its lending to small businesses. The fund brings the total credit flows aimed at supporting MSMEs to Sh52.5 billion. The fund will help the bank reduce its loan provisions and conserve its balance sheets and boosts its profits. Equity is expecting to receive 125 million euros (Sh16.5 billion) loan facility signed two weeks ago with the European Investment Bank. The bank also received a $100 million (Sh11 billion) credit facility from leading European Development Banks - DEG, FMO and CDC-UK. In September, Equity Group signed a $50 million (Sh5.5 billion) loan facility with International Finance Corporation, and $100 million (Sh11 billion) from France’s development finance institution, Proparco in October.

Q4--2.4bn FY2020 Profit 22.2bn Total Assets ksh.1.015 trillion Restructure loan facilities worth KES 171 Billion [$ 1.55 Billion], or about 32% of the entire loan book in FY 2020. KES 40 Billion of the restructured loans had normalized as of end December https://www.nse.co.ke/ph...ar-ended-31-dec-2020.pdf

Britam sold 20 million Equity bank shares in the course of 2020. It's stake now reduced to a new low of 6.77%.