Equity Group Holdings Limited · NSEKE:EQTY
Equity — H1 2022 Earnings Presentation
98 slides from Equity's earnings presentation, August 2022
Slide 1: Investor Briefing H1 2022 Performance
INVESTOR BRIEFING H1 2022 PERFORMANCE
Slide 2: Equity Group Holdings Plc Investor Briefing
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE 2
Slide 3: Equity Group's Philosophies
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Equity Group’s Philosophies Our Purpose: Our Mission: Transforming lives, giving dignity and expanding We offer integrated financial services that socially and opportunities for wealth creation economically empower consumers, businesses
Slide 4: Governance and Organizational Structure
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Governance and Organizational Structure 4
Slide 5: Governance and Organizational Structure
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Governance and Organizational Structure 5
Slide 6: Breadth and Depth of the Management Team
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Governance and Organizational Structure Breadth and Depth of the Management Team EGH Strategy Alignment of strategy and execution reflected by close interaction between the CEO’s office and Corporate Office Breadth and diversification r
Slide 7: Group Executive Management
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Group Executive Management Dr.James Mwangi,CBS Mary Wamae O l a n rDeaw v iadj uN B gam t ai s e b i Sam Gitwekere Group Managing Director & Group Executive Director G r o uGpr oFui p n aDnicree cDt iorre, c t o r Group Director, Chief
Slide 8: Group Executive Management
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Group Executive Management Gerald Warui Emmanuel Deh Samuel Kirubi Anthony Kituuka Managing Director, Executive Director, Managing Director, Executive Director, Equity Bank Kenya Equity Bank Kenya Equity Bank Uganda Equity Bank Uganda A
Slide 9: Group Board of Directors
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Group Board of Directors Prof. Isaac Macharia Dr. James Mwangi Mary Wamae Non-Executive Chairman Group Managing Director Group Executive Director and Chief Executive Officer Dr. Edward Odundo Evelyn Rutagwenda Vijay Gidoomal Non-Executi
Slide 10: Press Release
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release 10
Slide 11: Press Release
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release EQUITY GROUP REPORTS FIRST HALF PERFORMANCE THAT REFLECTS BUSINESS TRANSFORMATION, RECOVERY AND RESILIENCE • Growth of digital business with 99% of transactions happening outside the branch • Growth of profit after tax, 36
Slide 12: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release (continued) The differentiated strategy adopted by management to support borrowers to cope with the difficulties of Covid-19 business disruptions has seen most of the businesses survive and recover. Out of Kshs 171.4 billi
Slide 13: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release (continued) of digital tools, online practices and change of technology adoption culture to deliver a speedy business transformation of the look, feel and experience of the Equity Group business,” said Dr. Mwangi. Between
Slide 14: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release (continued) Kshs 20.4 billion to compare with the 28% growth of Net Interest Income of Kshs 39.8 billion up from Kshs 31.2 billion. The non-funded income, a higher quality class of income, constitutes 38.6% of the total in
Slide 15: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release (continued) The Group cost to income ratio has improved to 46.7% down from 48.5% and cost to asset ratio has improved to 4.7% down from 5.4% on a 19% expanded balance sheet of Kshs 1,333.9 billion up from Kshs 1,119.7 bill
Slide 16: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Press Release (continued) mitigate the effects of the business disruption and emerge stronger and resilient, the Group has formulated an environmental strategy “The Africa Recovery and Resilience Plan”. To implement the Plan, the Group
Slide 17: Macroeconomic and Operating Environment
Macroeconomic and Operating Environment
Slide 18: Economic Recovery Outlook
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Economic Recovery Outlook Recovery being hampered by a myriad of challenges World Economic recovery suffers from effects of Russia-Ukraine Conflict International Monetary Fund(IMF) - A tentative recovery in 2021 has been followed by inc
Slide 19: Economic Recovery Outlook (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Economic Recovery Outlook (continued) Recovery being hampered by a myriad of challenges Inflation rate FED rate 2.5 Source: Bloomberg; https://www.bloomberg.com/news/articles/2022-03-15/world-economy-braces-for-supply-hit-as-china-battl
Slide 20: Economic Recovery Outlook (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Economic Recovery Outlook (continued) Regional CBR and Currency Depreciation 20
Slide 21: Economic Recovery Outlook (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Economic Recovery Outlook (continued) GDP growth projected to slow down in majority of the regional countries with inflationary pressure picking up 21
Slide 22: Overview of the Africa Recovery and Resilience Plan
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Overview of the “Africa Recovery and Resilience Plan” 22
Slide 23: Framework and objectives
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Framework and objectives Equity Group’s 2025 strategy is a multi-pronged and holistic solution to achieve social and economic transformation of Africa. The strategy comprises 6 strategic pillars that will be operationalized through a co
Slide 24: Equity Bank Business Model and Strategy
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Equity Bank Business Model and Strategy 24
Slide 25: Equity Bank Business Model & Strategy Focus
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Equity Bank Business Model & Strategy Focus Inclusive, High volume, Low Margin, Digital and Experiential, Agile and Quality-Driven Business Model 1. Non-Funded Income Growth 2. Treasury Efficiency 3. Geographical Expansion and Business
Slide 26: Focus Area 1: Non-Funded Income Growth
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 1: Non-Funded Income Growth 26
Slide 27: Focus Area 1: Non-Funded Income
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 1: Non-Funded Income Trade Finance Performance 27
Slide 28: Focus Area 1: NFI Contribution
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 1: NFI Contribution 28
Slide 29: Focus Area 2: Treasury Efficiency
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 2: Treasury Efficiency Focus Area 2: Treasury Efficiency Kes Billion Government Treasury Gross Income Treasury Income Mix Yield on Government Securities & Securities Portfolio YOUR HEADLINE Contribution Capital Gains Governme
Slide 30: Focus Area 3: Subsidiaries Performance and Contribution
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Subsidiaries Performance and Contribution Other Subs Other Subs Other Subs Total EBKL Group (% Contribution) (% Contribution) (% growth) Contribution Contribution H1 2022 H1 2021 42% 47% 36% 34% 40% 39% 42% 36% 52% 48% 32%
Slide 31: Focus Area 3: Geographical Expansion and Business Diversification
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Performance Trend - Banking Subsidiaries: Value creation and growth 31
Slide 32: Focus Area 3: Geographical Expansion and Business Diversification
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Focus Area 3: Geographical Expansion and Business Diversification Regional subsidiaries are high-growth Regional subsidiaries are high-growthassets, with assets, with UG
Slide 33: Subsidiaries achieving high returns in shorter periods
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Subsidiaries achieving high returns in shorter periods 33
Slide 34: Focus Area 3: Geographical Expansion and Business Diversification
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification 34
Slide 35: Productivity gains from improving access to credit and infrastructure
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Productivity gains coming from improving access to credit and infrastructure 35
Slide 36: Regional trade and expanding trade corridors
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Regional trade and growing connectivity to global trade underpinned by expanding trade corridors 36
Slide 37: Regional presence to drive cross-border trade
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Equity Group regional presence to drive cross-border trade and support informal traders 37
Slide 38: DRC significant resource endowment
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification DRC significant resource endowment 38
Slide 39: Landmark Oil Pipeline deal signed by Uganda and Tanzania
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Landmark Oil Pipeline deal signed by Uganda and Tanzania 39
Slide 40: Promising Tanzania Operating Environment
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 3: Geographical Expansion and Business Diversification Promising Tanzania Operating Environment 40
Slide 41: Focus Area 3: Geographical and Business Diversification
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE FY 2021 PERFORMANCE Focus Area 3: Geographical and Business Diversification Focus Area 3: Geographical and Business Diversification BRANCHES 342 CAPITAL CITY 133 BRANCHES Branches in Kenya 337
Slide 42: Focus Area 4: Balance Sheet Efficiency, Optimization and Agility
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 4: Balance Sheet Efficiency, Optimization and Agility YoY YoY Growth Growth 42
Slide 43: Focus Area 5: Digital business
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Innovation and Digitization Digital business: Enabling transition from fixed cost to 3rd party variable cost channels and self-service platforms 43
Slide 44: Focus Area 5: Digital business
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Innovation and Digitization Digital business: Enabling transition from fixed cost to 3rd party variable cost channels and self-service platforms Value in Kes Billions 44
Slide 45: Focus Area 5: Digital business
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Innovation and Digitization Digital business: Enabling transition from fixed cost to 3rd party variable cost channels and self-service platforms Mobile and internet banking Merchants, PWE & EazzyB
Slide 46: Migrating to self-service channels
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Innovation and Digitization Migrating from fixed and variable cost channels to self-service channels Equity PWE Mobile App 46
Slide 47: 99% of transactions outside the branch
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area Focus 5:5:Business Area Business Transformation - Fintech Transformation - Fintech Capabilities: Capabilities: DigitalDigital Business Business 99% of our transactions outside the branch 99% of our Transactions outside the br
Slide 48: Fintech Capabilities: Self-Service Channels
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Self-Service Channels 74% of our transactions value outside the branch Branches now handling high value transactions for SME, corporates, wealth management & advisory service
Slide 49: Data Strategy, Decision Science and Analytics
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Data Strategy, Decision Science and Analytics 86% of our Loan Transactions via Mobile Channel 49
Slide 50: Fintech Capabilities: Lifestyle Support
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Lifestyle Support Payments Processing Capabilities Quarterly Transaction Values (Billions) YoY Transactions Value (Bn) 50
Slide 51: Payments Processing – Promoting a Cashless Economy
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Lifestyle Support Payments Processing Capabilities – Promoting a Cashless Economy 51
Slide 52: Payments Processing Capabilities
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Lifestyle Support Payments Processing Capabilities 52
Slide 53: Remittances Processing
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Compressing Time and Geography Remittances Processing Transaction Values in Kes Bn 53
Slide 54: FX Trading – Enabling Global Trade
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 5: Business Transformation - Fintech Capabilities: Global Presence FX Trading – Enabling Global Trade 54
Slide 55: Focus Area 6: Asset Quality, Distribution and Risk Mitigation
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 6: Focus Asset Quality, Area 6:Distribution and Risk Asset Quality, Mitigationand Risk Mitigation Distribution Risk mitigation via diversification of market segments Risk mitigation via diversification of economic sectors YOU
Slide 56: Focus Area 6: Asset Quality, Distribution and Risk Mitigation
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 6: Asset Quality, Distribution and Risk Mitigation 56
Slide 57: Prudent approach to credit risk management
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 6: Asset Quality, Distribution and Risk Mitigation Prudent approach to credit risk management 57
Slide 58: SMEs and Large Enterprises in COVID-19 accommodated portfolio
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 6: Asset Quality, Distribution and Risk Mitigation SMEs and Large Enterprises comprise the bulk of COVID-19 accommodated portfolio As part of the Group’s commitment to support lives and livelihoods and keeping the lights of t
Slide 59: Proactive Prudent Management
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 6: Asset Quality, Distribution and Risk Mitigation – Proactive Prudent Management COVID-19 accommodated loans (Kes 171 Bn); Kes 160B resumed repayment, remaining Kes 11B expected to resume in 6 Months 59
Slide 60: Focus Area 7: Efficiency and Cost Optimization
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 7: Efficiency and Cost Optimization 60
Slide 61: Focus Area 7: Efficiency and Cost Optimization
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 7: Efficiency and Cost Optimization 61
Slide 62: Focus Area 7: Efficiency and Cost Optimization
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 7: Efficiency and Cost Optimization 62
Slide 63: Focus Area 7: Efficiency and Cost Optimization
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 7: Efficiency and Cost Optimization 63
Slide 64: Focus Area 7: Efficient Financial Intermediation
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 7: Efficient Financial Intermediation 64
Slide 65: Focus Area 8: Impact Investment
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 8: Impact Investment Impact & Social Investment Programs 65
Slide 66: Shared Prosperity Business Model and its Social Impact
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Focus Area 8: Impact Investment Shared Prosperity Business Model and its Social Impact 66
Slide 67: Business Validation
Business Validation
Slide 68: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Global Ratings and Accolades Equity Bank Credit Rating • National Rating: B2 2020 Oslo Business for Peace Award • Global Rating: Aaa.ke/KE-1 Dr. James Mwangi. • Rating Outlook: Negative Same as the sovereign rating • Position 7 overall
Slide 69: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Global Ratings and Accolades • Bank of the Year- Kenya 2019 • Bank of the Year - Uganda 2019 & 2021 • Bank of the Year - Rwanda 2020 & 2021 • Bank of the Year - DRC 2020 • Bank of the Year- South Sudan 2019, 2020 & 2021 • Socially Respo
Slide 70: National Banking Awards and Accolades
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE 2021 National2022 Banking Awards National andAwards Banking Accolades and Accolades 1. Best Overall Bank - 11 years running YOUR HEADLINE 2. Best Bank in Tier 1 - 8 years running Brand 3. Best Bank in Sustainable CSR - 6 years running 4
Slide 71: The Most Valuable and Strongest Banking Brands
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Global Ratings and Accolades The Most Valuable and Strongest Banking Brands Equity Group, East, East and and Central Africa’s Africa’s largest largest financial financialservices servicesGroup, Group,has hasbeen beennamed named the the
Slide 72: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Global Ratings and Accolades Equity Group’s MD and CEO, Dr. James Mwangi, was honoured in the 2019 Bloomberg 50 list. This is an honorary list of fifty innovators, entrepreneurs, and leaders who have impacted the global business landsca
Slide 73: Dr. James Mwangi honouree, 2020 Oslo Business for Peace Award
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Global Ratings and Accolades Dr. James Mwangi honouree, 2020 Oslo Business for Peace Award Honourees are chosen by a prestigious Award committee consisting of past Nobel Prize winners in Peace Economics. “Dr. James Mwangi receives the A
Slide 74: The Africa Recovery & Resilience Plan
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE The Africa Recovery & Resilience Plan Commonwealth Heads of Government Meeting As part of continuous efforts to champion post COVID-19 recovery, Equity Group participated in 3 high-level engagements, where the Group’s Africa Recovery an
Slide 75: The Africa Recovery & Resilience Plan (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE The Africa Recovery & Resilience Plan (continued) Commonwealth Heads of Government Meeting (continued) 1. Boris Johnson, Prime Minister of the United Kingdom (left) engages with Dr. James Mwangi, Equity Group Managing Director & CEO at
Slide 76: AfCFTA Partnership Agreement
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE The Africa Recovery & Resilience Plan (continued) The Africa Continental Free Trade Area (AfCFTA) Partnership Agreement At the margins of the 41st Ordinary Session of the Executive Council of the African Union taking place in Lusaka, Za
Slide 77: East African Community Partnership Agreement
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE The Africa Recovery & Resilience Plan (continued) The East African Community (EAC) Partnership Agreement To further accelerate the implementation of the Africa Recovery and Resilience Plan, the East African Community has signed a partne
Slide 78: Market Validation: Market Capitalization
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Market Validation Market Validation KES Billion Market Capitalization Market Capitalizationas asat at15th August2022 15th August 2022 1,269.5 YOUR HEADLINE 1,166.9 W I L L SI T H E R E Mkt Cap as at 15th Aug 2022 Total Assets (Q1 2022)
Slide 79: Intermediation and Financial Performance
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Intermediation and Financial Performance 79
Slide 80: Balance Sheet
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Balance Sheet 80
Slide 81: Income Statement
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Income Statement 81
Slide 82: RoAE and RoAA Trend
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE RoAE and RoAA Trend RoAE RoAA 82
Slide 83: Financial Ratios
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Financial Ratios *Core and total capital ratios during the Covid pandemic conservatively excluded deferred tax asset from loan provisioning and mark to market gains and losses. As the pandemic has become business as usual, the deferred
Slide 84: 2022 Guidance Vs Actual - Group
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE 2022 Guidance Vs Actual - Group 2022 Guidance Vs Actual - Group 2022 Guidance H1 2022 Actual Loan Growth 25% - 30% 29% Deposit Growth 25% - 30% 18% Net Interest Margin 7.0% - 8.0% 6.9% Non Funded Income Mix 40% - 43% 38.6% Cost to Incom
Slide 85: Macroeconomic Environment Indicators & Trends - Kenya
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Macroeconomic Environment Indicators & Trends - Kenya 85
Slide 86: Macroeconomic Environment - Kenya
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Macroeconomic Environment - Kenya • QUARTERLY GDP GROWTH – GDP growth is projected to decelerate this year, as higher inflationary pressures, unpredictable weather patterns and tighter monetary policy slows down demand. • USD/KES – Ther
Slide 87: Macroeconomic Environment - Kenya (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Macroeconomic Environment - Kenya (continued) • Interbank Rates – The money market remained liquid during the quarter ending 30th June partly reflecting government payments, which offset tax remittances. • T-Bill Rates – There has been
Slide 88: Macroeconomic Environment - Kenya (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Macroeconomic Environment - Kenya (continued) • Inflation – Inflation has gone up driven by the rising fuel and food prices. The prolonged dry conditions have accelerated rise in food prices. • FX Reserves – FX reserves have remained ad
Slide 89: Projected Regional GDP Growth
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Projected Regional GDP Growth Source: IMF https://www.imf.org/en/Publications/WEO/Issues/2022/07/26/world-economic-outlook-update-july-2022 89
Slide 90: Regional Currencies Depreciation
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Regional Currencies Depreciation Regional Currencies against Depreciation USD USD against 3,750.0 YOUR HEADLINE 3,750 USD/UGX 3,700 +4.60% W I L L SIT H E R E 3,650 3,585.0 3,600 3,560.0 3,550.0 3,545.0 3,550 2,350 2,321.5 2,321.0 2,332
Slide 91: Regional Outlook
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Regional Outlook Uganda Uganda • The economy started the new year on a strong footing, aided by the removal of pandemic-related restrictions • Preliminary data indicates that annual GDP growth accelerated to 4.6% in the 12 months to Jun
Slide 92: Regional Outlook (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Regional Outlook (continued) Rwanda Rwanda • The Russia-Ukraine war brought more uncertainty, posing an upside risk for Rwanda’s inflation, as well as additional • The country’s economy is projected to grow at 7.2% in 2022. pressures on
Slide 93: Regional Outlook (continued)
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Regional Outlook (continued) South Sudan South Sudan • T• heThe country has government realizedwith continues sometheform of rebound ofofgrowth implementation in services the eleven and priorities oftrade anchored the Public on improvin
Slide 94: Case Studies
Case Studies The Equity business model is a leading case study in many business schools around the world. In addition, many business schools, organizations and institutions regularly visit the Group to learn firsthand about the brand, its evolution and business strategy. Many financial institutions
Slide 95: Equity Brand Campaign
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Equity Brand Campaign Today we celebrate over 15 Million Members empowered across 7 African markets to Learn, Grow, Dream, Create, Lead and Harvest. This is our One Equity spirit! Online: Click link below to view video on Equity’s celeb
Slide 96: Scan QR code to download reports
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Scan QR code below to download the Africa Scan QR code below to download the Equity Group Recovery and Resilience Plan Holdings Plc 2021 Integrated Report and Financial Statements Scan QR code below to view video: Reflections on how the
Slide 97: Equity Group Holdings Plc Investor Briefing Fireworks display during the official celebration of Equity’s
Equity Group Holdings Plc Investor Briefing H1 2022 PERFORMANCE Fireworks display during the official celebration of Equity’s 35 years of transforming lives on 2nd October 2019. 103
Slide 98: Equity Centre contact details
Equity Centre P.O. Box 75104–00200, Nairobi. Tel: 0763063000, Fax: + 254-020-2737276, info@equitygroupholdings.com, www.equitygroupholdings.com Equity Centre, 9th Floor, @keEquityBank UpperHill keEquityBank P.O.Box 75104, Nairobi, Tel: 0763 000 000 www.ke.equitybankgroup.com info@equitygroupholdings
Equity Group Holdings — H1 2022 Earnings Presentation on 6ix