Equity Group Holdings posted a 55 percent jump in profit after tax to Kshs 75.5 billion in 2025, up from Kshs 48.8 billion, driven largely by strong performance in Kenya and growing contributions from regional subsidiaries, particularly Rwanda.

Kenya remained the Group’s core market and primary profit engine, underpinning the record-breaking results through its scale, diversified revenue streams, and continued business transformation. The performance reflects sustained growth in lending, digital banking expansion, and operational efficiency within the Group’s home market.

Rwanda, meanwhile, delivered solid and consistent growth, reinforcing its position as one of the Group’s most efficient and high-potential subsidiaries.

Equity Bank Rwanda recorded a profit after tax of Kshs 5.4 billion, approximately Rwf59 billion, representing a 10 percent increase from 2024. The bank also reported an 11 percent rise in total assets and a 7 percent increase in total revenue to Kshs 13.6 billion.

Lending activity in Rwanda showed strong momentum, with net loans rising by 29 percent to Kshs 63.6 billion, or about Rwf716 billion. This growth highlights increasing demand for credit in the local economy and reflects the bank’s expanding role in financing businesses and households.

While Kenya drives scale and overall profitability for the Group, Rwanda stands out for efficiency. The subsidiary recorded a Return on Assets of 4.3 percent, closely trailing Tanzania at 4.4 percent and outperforming several other markets, including Kenya at 3.9 percent.

This indicates that Rwanda is not only growing, but doing so with strong cost discipline and effective asset utilization.

At the Group level, net loans rose by 8 percent to Kshs 882.5 billion, while the customer base expanded to 22.4 million accounts, supported by digital banking and regional expansion.

The combined performance of Kenya and Rwanda highlights a dual growth dynamic within the Group: Kenya providing scale and stability, and Rwanda delivering efficient, high-quality growth with strong lending expansion.

Looking ahead, Equity Bank Rwanda is expected to maintain a prudent risk approach while continuing to expand lending in key sectors. Its strong performance positions it as an increasingly important contributor to the Group’s regional strategy, complementing Kenya’s dominant role with disciplined and sustainable growth.