Equity Bank Opens Branch in Marigat Town
Equity Bank has launched an additional branch in Marigat town, bringing its total number of branches across the country to 215. The new branch will act as a financial center designed to serve the unique needs of the people of Marigat and its surroundings.
Customers visiting the branch will have access to a variety of products and services, including savings accounts, loans, money transfer services like Western Union, MoneyGram, Transfast, hellopaisa, and Ria, as well as insurance and investment products.
Equity Bank has been on an expansion run, opening multiple branches throughout the country in 2024. Last month, Equity Bank launched two new branches, with its second branch in Gikomba Market and one in North Horr, Marsabit County, aiming to increase the availability of financial services for individuals and businesses in the areas.
The branch in Gikomba provides needed convenience and accessibility for individuals and business owners. The branch links businesses and business owners to key suppliers and distributors through effective working capital financing across the business value chain.
The branch aims to continue the bank’s initiatives to empower and drive gains for small businesses through the provision of a wide range of financial services and financial literacy programs.
The North Horr branch is part of the Bank’s ongoing commitment to enhance accessibility to banking services and bring financial empowerment closer to rural communities. The people of North Horr now enjoy access to a wide range of tailor-made financial solutions for individuals and businesses.
Additionally, Equity Bank launched branches situated at Mombasa-Kenyatta Avenue, with Kahawa West relocating to West View Plaza along Northern Bypass and Kakuma moving to a new location next to Gateway Health Centre in Kakuma town.
Equity Bank also solidified its presence along the Coast region, opening a new branch in Mariakani, Kilifi County, in April. This addition brought Equity Bank’s network in the Coast region to 20 branches.
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In 2024, Equity Bank was recognized as Kenya’s most valuable brand, with its brand value increasing by 1% to KES 65.8 billion, according to Brand Finance, the world’s leading brand valuation consultancy.
This placed Equity Bank at the forefront of the Kenyan financial sector. Equity Bank also maintained an impressive Brand Strength Index score of 92.46, nearly matching last year’s score of 92.43.
With the addition of these new branches, Equity Group now has a network of more than 400 branches across Kenya, DRC, Uganda, Rwanda, Tanzania, South Sudan, and a representative office in Ethiopia.
These branches are supported by 83,142 agents, 33,179 POS merchants, and over 1.1 million PayWithEquity merchants throughout East and Central Africa.
