Equity Bank: One of the Leading Banks in the East African Region
Joseph Iha, Managing Director of Equity Bank, talks about the bank’s regional presence and explains why it is a huge advantage for customers who operate in the region.
Joseph Iha, Managing Director of Equity Bank, talks about the bank’s regional presence and explains why it is a huge advantage for customers who operate in the region.
“Our regional presence gives us a unique proposition, particularly for customers who operate in the region. There is a lot of intraregional trade between Kenya, Rwanda, Tanzania, Congo, South Sudan and various other regions. We have covered that whole circuit and we are still continuing with the expansion. What that gives our customers is the flexibility of moving around these regions to trade and do business without the hassles of walking around with cash. What we have done is to provide a uniform platform in all the markets that we operate so if you have an account in Nairobi and you go to Rwanda, the teller or cashier in Rwanda will be able to positively identify you as if you are in your home country, because all the details are shared and they will be able to identify your signature, check your account balance, transfer money for you or withdraw money for you. It basically creates a single market driven by the bank. I think we should be the preferred bank of choice for any business enterprise that has a regional presence because we have such a unified platform for you to do your trade”, says Joseph Iha.