Equity Expands Mobile-Bank Unit That Wins 8 Out of 10 Loans

Updated on
  • Stock slips to close at lowest level in more than two years
  • Lender’s loan-loss provisions almost tripled in first half

Equity Group Holdings Ltd., Kenya’s biggest lender by market value, will expand mobile-banking services outside its home market where the platform accounts for more than eight out of every 10 loans.

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