Equity Group Holdings Limited · NSEKE:EQTY
Equity — H1 2024 Earnings Presentation
104 slides from Equity's earnings presentation, Aug 1, 2024
Slide 1: Investor Briefing H1 2024 Performance
INVESTOR BRIEFING H1 2024 PERFOMANCE
Slide 2: Slide 2
Slide 3: Equity Group's Philosophies
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Group’s Philosophies Our Purpose: Positioning Statement: Transforming lives, giving dignity and expanding opportunities We provide inclusive financial services that trans
Slide 4: Governance and Organizational Structure
Governance and .6 Organizational Structure
Slide 5: Governance & Risk Management Framework
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Governance & Risk Management Framework YOUR HEADLINE W I L L SIT H E R E 5 5
Slide 6: Governance and Organizational Structure
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing Q1 2024 PERFORMANCE H1 2024 PERFORMANCE Governance and Organizational Structure Breadth and Depth of the Management Team EGH Strategy Strategy execution via close interaction between CEO office and Corporate offi
Slide 7: Group Executive Management
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Group Executive Management Dr.James Mwangi,CBS Samwel Kirubi Group Managing Director & G r o u p C h i e f O p e r a t i ng Chief Executive Officer Officer Brent Malahay Gertrud
Slide 8: Group Executive Management
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Group Executive Management David Ssegawa Ignatius Chicha Rene Kalonji Christine Browne Group Director Human Group Director Treasury Chief Product Officer Group Director Spe
Slide 9: Group Executive Management
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Group Executive Management Gerald Warui Isabella Maganga Anthony Kituuka Addis Ababa Othow Managing Director, Managing Director, Managing Director, Managing Director, Equity Ban
Slide 10: Group Board of Management
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Group Board of Management Prof. Isaac Macharia Dr. James Mwangi, CBS Samwel Kirubi Non-Executive Chairman Group Managing Director and Executive Director Chief Executive Officer Dr. Edward Odundo Vijay Gidoomal Jonas Mushosho Non-Executi
Slide 11: Press Release
Press Release
Slide 12: Press Release
Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE Press Release EQUITY GROUP HOLDINGS PLC REPORTS HALF YEAR PROFIT AFTER TAX OF KSHS 29.6 BILLION • Total Assets grow by 6% to Kshs 1.75 trillion • Deposits grow by 11% to Kshs 1.3 trillion • Half-year profit after tax up by 12% to Kshs 2
Slide 13: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE Shareholders’ funds grew by 13% to Kshs.220 billion strengthening the Group’s ability to underpin the private sector led Africa Resilience and Recovery Plan (ARRP) by investing in new subsidiary undertakings in the Insurance Group as we
Slide 14: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE “We are proud that the Group has sufficient cushion on its key balance sheet buffers being liquidity, capital and NPL coverage while at the same time it continues to report above industry profitability metrices with return of average eq
Slide 15: Press Release (continued)
Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE On 8th August 2024, EGH commissioned 113 Equity Leaders Program (ELP) scholars from Kenya, Rwanda, Uganda and DRC who have received full scholarships to pursue their university education in various global universities across the world.
Slide 16: Macroeconomic Overview
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Macroeconomic Overview .3
Slide 17: Global macro environment
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Global macro environment - Global GDP to grow by 3.2% in 2024 and 3.3% in 2025 from !"#$%"&'%()#&*+,-)#+'*+.&/&!"#$%"&!01&.#&2)#3&$4&5678&-+&9:9;&%+<&5698&9:9=& !"#$%"&'%()
Slide 18: East Africa GDP projected growth
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE East Africa - GDP projected to grow at 5.3% and 5.8% in 2024 and 2025/2026 "#$%&'()*"%+%,-.%/(012*$23%$0%4(05%"$%6789%":3%67;9%):%<=<>%":3%<=<6?<=<@ !"#$%&'()*"%+%,-.%/(012
Slide 19: East Africa is one of the fastest growing regions
world and this is EGH’s home… Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE East Africa is one of the fastest growing regions in the world and this is EGH’s home 1 5 MHIELALDILOI!"#$%&'()*+#&*$&$,%&%-&+-.%*./,&%- 3;#01
Slide 20: Significant upside opportunity in East Africa
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE There is significant upside opportunity in East Africa & EGH is uniquely positioned to There isthis tap into significant upside opportunity in East Africa & EGH is uniquely
Slide 21: Equity Group presence and Market Position
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Group presence and Market Position Kenya DRC Rwanda KCB 18.5% Rawbank 28.6% BK 36.5% Equity asset market position among top 2 in most markets Equity NCBA YOUR 8.6% 1
Slide 22: EGH at the heart of East Africa's ecosystem of trade
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EGH is at the heart of East Africa’s thriving ecosystem of trade connections EGH is at the heart of East Africa’s thriving ecosystem DRC is now the largest trading partner
Slide 23: Strategy Overview
Strategy Overview .6
Slide 24: Tri-engine business model through ecosystem approach
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Group’s tri-engine business model executed through ecosystem approach that holistically supports value chains and households 25 24
Slide 25: Equity Group Transformation
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Group Transformation STRATEGY ARRP Brand Organizational Culture Business Model GOVERNANCE PEOPLE CUSTOMER Performance, reward Product House & compensation Shareholde
Slide 26: Organization Structure
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing +$."')/"0)%'*10$2#02$& H1 2024 PERFORMANCE H1 2024 PERFORMANCE Organization Structure IncorporationG+(#)A#)%.-#+&#>&%&F*%".F&-+?@)%+(*&?@$?-<-%)4 of a health insurance subsidiary YO U R H E A D L I N E W I LL SIT
Slide 27: Banking Group
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Banking Group .3
Slide 28: Banking Group Balance Sheet Optimization and Efficiency
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Banking Group Balance Sheet Optimization and Efficiency Earning Assets constituting majority of the balance sheet; yielding strong margins Earning Asset Mix NIM RoAA EBKL 8
Slide 29: EBKL Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing HH1 1 2 20 02 24 4 PPEERRF FOORRMMA ANNC CE E EBKL Balance EBKL BalanceSheetSheet (Figures in Kes Billion) (Figures in Kes Billion) 5-D-.EB<8;BB: !"#$%&'()*%+,# !"#$%&'()-'.%#/$# !"# @AAB:A $%&# '!:"' '&#"$ O8:"% (8("
Slide 30: EBKL P&L
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E EBKL P&L EBKL P&L (Figures in Kes Billion) (Figures in Kes Billion) 1'6',"' 233404-)05.6784(9 <=(348.A-3(=-.B7; !?# %%"#P %&"#P ''"! '#"$ %$"$P %("( !@?# G=6)/56B.B?@
Slide 31: EBCDC Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EBCDC Balance Sheet EBCDC Balance Sheet (Figures in Kes Billion) (Figures in Kes Billion) 5-D-.EB<8;BB: !"#$%&'()*%+,# !"#$%&'()-'.%#/$# @AAB:A !"# 7NN87 !$%# 7:A8; NMM8N @6H"?<
Slide 32: EBCDC P&L
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E EBCDC P&L (Figures in Kes Billion) (Figures in Kes EBCDC P&L Billion) 6->-)+- 233404-)05.6784(9 <=(348.A-3(=-.B7; O"!P O"'P !"&P $@E# ZJ.;B?=6?E936J67?1KK.,K $%?# &:"
Slide 33: EBUL Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EBUL Balance Sheet (Figures in Kes Billion) EBUL Balance Sheet EVERYDAY OVER 15 MILLION MEMBERS (Figures in Kes Billion) 5-D-.EB<8;BB: !"#$%&'()*%+,# !"#$%&'()-'.%#/$# @AAB:A AR
Slide 34: EBUL P&L
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E EBUL P&L (Figures in Kes Billion) EBUL P&L (Figures in Kes Billion) 6->-)+- 233404-)05.6784(9 <=(348.A-3(=-.B7; A78ML A78PL A:8PL $I# !@?# O"( \1&>4)"3),0$313G)?''&/'
Slide 35: EBRL Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EBRL Balance Sheet EBRL Balance Sheet (Figures in Kes Billion) (Figures in Kes Billion) 5-D-.EB<8;BB: !"#$%&'()*%+,# !"#$%&'()-'.%#/$# @AAB:A !)(# N;8; !'*# OO8O @6H"?<.+53J,J.K
Slide 36: EBRL P&L
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E EBRL P&L EBRL (Figures inP&L Kes Billion) (Figures in Kes Billion) 6->-)+- 233404-)05.6784(9 <=(348.A-3(=-.B7; $GJ# $GJ# :":P %$"'P :":P ("$ #"! &"% ZJ.;B?=6?E936J67?
Slide 37: EBTL Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EBTL Balance Sheet EBTL (Figures Balance in Kes Billion) Sheet (Figures in Kes Billion) 5-D-.EB<8;BB: !"#$%&'()*%+,# E V E R Y D A Y O V E R 1 5 M I L L I ON M E M B E R S !"#$%
Slide 38: EBTL P&L
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E EBTL P&L EBTL P&L (Figures in Kes Billion) (Figures in Kes Billion) 6->-)+- 233404-)05.6784(9 <=(348.A-3(=-.<=(>494()9 %%"$P %$"(P %$"!P $@E# $I# #"& ZJ.;B?=6?E936J67
Slide 39: EBSSL Balance Sheet & P&L
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EBSSL Balance Sheet & P&L (Figures in Kes Billion) EBSSL Balance Sheet & P&L (Figures in Kes Billion) 5-D-.EB<8;BB: :+98(1-=.N(7)9 6->-)+- !)*# !)'# :87 @AAB:A 98P F9KR?ES5JH9;.
Slide 40: Overall Banking Group Performance
Overall Banking Group Performance .6
Slide 41: Regional Diversification of Banking Business
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE !"#$%&'()*$+",-$.$/'0$%&)%.)1'&2$&#)13-$&"-- Regional Diversification of Banking Business Contribution of banking subsidiaries (Figures in Kes Billion) N#1$O:>>:4< )E#+.)-$
Slide 42: EGHL Balance Sheet
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE EGHL Balance Sheet EGHL Balance Sheet (Figures in Kes Billion) (Figures in Kes Billion) C)"35%V'-',*+%F0++$ >6A:9OB7<I9-.A >6A:9OB7<=BL9A2:A *%+,0-'.%#/$)C(',D A88> =;> @AA
Slide 43: Asset Quality, Distribution and Risk Mitigation
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE H1 2024 PERFORMANCE Asset Quality, Distribution and Risk Mitigation 4--"0)53'($067)*$-0,$830$%&)'&9)!$-2):$0$#'0$%& YDZ%B'$:"%.?%F+<&+,$ G'6*Z#XAY#-(.56 9@;<E 9<;=E @P<Q, 9<;<E 99;:E =;8E 7@<P
Slide 44: Asset Distribution Quality and Risk Mitigation
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE AssetDistribution Asset Quality, Quality, Distribution and Risk Mitigation and Risk Mitigation Prudent approachPrudent to credit risk management approach to credit risk man
Slide 45: Profit and Loss Efficiency Financial Intermediation
Equity EquityGroup GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing HH1 1 2 20 02 24 4 PPEERRF FOORRMMA ANNC CE E Profit and Loss Efficiency Financial Intermediation Profit and Loss -@@+<+%6<'(5(F+6$6<+$:(E6"%#8%9+$"+16 ]:+-2%",%Z"',# ]:+-2%",%C"1+),&+,$%%F+*3):$:+# ]:+-2%",%\,$+)+#$%
Slide 46: Non-Funded Income - Treasury Efficiency
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E Non-Funded Income - Treasury Efficiency Non-Funded Income - Treasury Efficiency (Figures in Kes Billion) (Figures in Kes Billion) Treasury Income YoY Treasury Income
Slide 47: Non-Funded Income - Trade Finance Performance
Equity EquityGroup GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Non-Funded Non-Funded Non-Funded Income Income Income -- Trade Trade - Trade Finance Finance Finance Performance Performance Performance (Figures (Figures in in Kes Kes Billion)
Slide 48: Insurance Group
Insurance Group
Slide 49: Equity Insurance Group: The Opportunity
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Insurance Group : The Opportunity Opportunity in Africa & the Equity Strategic Intent Low Insurance Penetration in Africa 2.78% 2.30% 1.34% Protect Life Life Insurance &
Slide 50: Africa Recovery and Resilience Plan Strategic Alignment
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Insurance Group Africa Recovery and Resilience Plan | Strategic Alignment EVERYDAY OVER 15 MILLION MEMBERS ARE TRANSFORMING AFRICA YOUR HEADLINE W I L L SIT H E R E
Slide 51: East Africa Market & Industry Statistics
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Insurance Group : The Opportunity Opportunity in Africa & the Equity Strategic Intent East Africa Market & Industry Statistics HERE 2022 GDP (Billion USD) 116.64 59.
Slide 52: Market Positioning | Strong Start
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Market Positioning | Strong Start Equity Insurance | Life (Long Term) Insurance Kenya’s Insurance Industry Equity’s Market Positioning Kenyan Industry Premiums • Equity Gro
Slide 53: Growth & Expansion
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Insurance Holdings | Growth & Expansion Untapped Potential in the Captive Market Low Insurance penetration More than half of the 19 YOUR HEADLINE Average Insurance p
Slide 54: Performance & Growth | Demonstrated Distribution Capability
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 2 1 0 22 04 2 P 4 EPREFROFROMRAMNACNEC E Equity Insurance Equity| Life (Long Term) Insurance Insurance | Life (Long Term) Insurance Performance & Growth | Demonstrated Distribution Capability Performance & G
Slide 55: High returns | Demonstrated Distribution Capability
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Equity Insurance | Life (Long Term) Insurance High returns| Demonstrated Distribution Capability Incurred claims ratio Loss ratio Capital Adequacy Ratio (CAR) as at 30 June 2024
Slide 56: Performance & Growth | Demonstrated Distribution Capability
Equity EquityGroup GroupHoldings HoldingsPlc Investor Plc Briefing Investor Briefing H 1H 1 2 022042 4 P EPREFROFROMRAMNACNEC E Equity Equity Insurance Insurance | Life | Life (Long Term) (Long Term) Insurance Insurance Performance &Performance Growth | Demonstrated & Growth Distribution Capability
Slide 57: Technology Group
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Technology Group .6
Slide 58: The Future of Technology Group
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNE C E The ofFuture The Future The Future Technology of Technology Groupof Technology GroupGroup nd eliver operate and operate a reliablea reliable and scalable and scalable
Slide 59: The Technology Group enabling the banking business
Equity EquityGroup GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing HH11 22002244 PPEERRFFOORRMMAANNCCEE The Technology Group enabling the banking business The Technology Group enabling the banking business Migrating from Fixed and variable cost channels to self-service channels 98% o
Slide 60: The Technology Group enabling the banking business
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 21 0 22 04 2 P 4 EPREFROFROMRAMNACNEC E The Technology Group enabling the banking business The Technology Group enabling the banking business Migrating from Fixed and variable cost channels to self-service c
Slide 61: Technology enabled lending
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE The Technology Group enabling the banking business Technology enabled lending Group Disbursements Value in Kes Bn (YoY) Group Disbursements Count in Millions (YoY) -28% -16% 128
Slide 62: Contribution of Non-Banking Business
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE N Contribution of Non-Banking Business .3
Slide 63: Business Diversification
EquityGroup GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing 13-$&"--)*$+",-$.$/'0$%& Equity H1 2024 PERFORMANCE H1 2024 PERFORMANCE Business Diversification E#+.)-$@.-#+&#>&L#+/$%+N-+2&$@?-+*??& Business Contribution Diversification of Non-banking business N#1$O:>>:4< (Figures in Kes
Slide 64: Equity Group Foundation
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE FY 2023 PERFORMANCE Equity Group Foundation .3
Slide 65: Impact Investment and Sustainability
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Impact Investment and Sustainability Impact Investment and Sustainability Impact & Social Investment Programs Impact & Social Investment Programs !"#$%%&$'$()$"*+(,-$.)/01230)2$
Slide 66: Strategic Partnerships Validating the Business Model
Equity EquityGroup GroupHoldings HoldingsPlc Investor Plc Briefing Investor Briefing H 1H 1 2 022042 4 P EPREFROFROMRAMNACNEC E Strategic Partnerships Validating the Business Model Strategic Partnerships Validating the Business Model Banking Partners EGF Funding Partners EGF Implementing Partners YO
Slide 67: Shared Prosperity Business Model and its Social Impact
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Impact Investment and Sustainability Shared Prosperity Business Model and its Social Impact 60,009 2023 Wings to Fly Graduates 3.8M 60,009 • 97% secondary school completion 47,0
Slide 68: Overall Group Performance
Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Overall Group Performance .3
Slide 69: Balance Sheet
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Balance Sheet KES Billion H1 2023 H1 2024 Growth Assets Cash & Cash Equivalents 219.8 341.0 55% Government Securities 485.6 459.2 -5% Net Loans 817.2 791.1 -3% Other Assets 122.
Slide 70: Income Statement
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Income Statement KES Billion H1 2023 H1 2024 Growth Interest Income 69.8 84.8 22% Interest Expense 23.4 30.4 30% Net Interest Income 46.4 54.4 17% Non-Funded Income 35.7 40
Slide 71: Group Performance highlights H1 2024
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Group Performance highlights H1 2024 Customer Deposits (Kes) Total Income (Kes) Efficiency Ratios 1.30Tn 95.1Bn NIM 7.1% 0.1% 11% 16% CIR 50.9% 1.9% Net Loans (Kes) Profit Befor
Slide 72: Financial Ratios
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Financial Ratios Financial Ratios EBKL EBKL EBCDC EBCDC Group Group F&<!$!" F&<!$!' F&<!$!" F&<!$!' F&<!$!" F&<!$!' E V E R Y D A Y O V E R 1 5 M I L L I ON M E M B E R S P
Slide 73: 2024 Guidance Vs Actual - Group
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE 2024 Guidance Vs Actual - Group 2024 Guidance H1 2024 Actual Loan Growth 2.0% - 5.0% -3% Deposit Growth 7.5% - 12.5% 11% Net Interest Margin 7.2% - 7.6% 7.1% Non-Funded Inc
Slide 74: Appendices
Q1 2024 PERFORMANCE E V E R Y D A Y O V E R 1 5 M I L L I ON M E M B E R S ARE TRA N S F ORMI N G A F RIC A Ban k ( Ken ya ) L i mite d i s reg ul a te d by t he Ce nt ra l Ba nk of Kenya K A R IBU M EM B E R Appendices .6 .3
Slide 75: Market Validation
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Market Validation (Figures in Kes Billion) Market Validation (Figures in Kes Billion) Market Capitalization as at 28th June 2024 Market Capitalization as at 28th June 2024
Slide 76: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Global RatingsGlobalGlobal Ratings and Accolades Ratings and Accolades and Accolades 62 62 79 76
Slide 77: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE Global Ratings and Accolades H1 2024 PERFORMANCE Global Ratings and Accolades 63 80 77
Slide 78: National Insurance Awards and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE National National Insurance andInsurance Accolades Awards Awards and Accolades and Accolades H1 2024 PERFORMANCE Global Ratings y Bancassurance Equity Bancassurance Intermediary Intermediary 1
Slide 79: 2023 National Banking Awards and Accolades
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing 2023National Banking Awards and Accolades H H1 1 2 20 02 24 4 P PE ER RF FO OR RMM AANN CCEE National Banking Awards and Accolades Brand 1. Best Bank in Tier 1 – 1st Runners Up (Winner – 9 years running) 2. Overall Be
Slide 80: Global Ratings and Accolades
Equity Group Equity Holdings Group Plc Holdings Investor Plc Briefing Investor Briefing H 1H 2 1 0 22 04 2 P 4 EPREFROFROMRAMNACNEC E Global Ratings and Accolades 82 80
Slide 81: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE Global Ratings and Accolades 81
Slide 82: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Global Ratings and Accolades 83 82
Slide 83: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Global Ratings and Accolades 84 83
Slide 84: Global Ratings and Accolades
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Global Ratings and Accolades Equity Group Managing Director and Chief Executive Officer, Dr. James Mwangi was recognized and awarded the prestigious Lifetime Achievement Aw
Slide 85: DRC presents a new frontier for continued sustainable growth
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE DRC, the largest country in SSA, presents a new and exciting frontier for continued sustainable growth for EGH Linchpin in world’s demand for minerals: significant untapped
Slide 86: 2024 U.S. - Kenya State visit
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE 2024 U.S. - Kenya State visit Equity Group Hosts Event On U.S. Capitol To Bolster Public-private Partnerships Between The United States And Kenyan Private Sector On the sid
Slide 87: 2024 U.S. - Kenya State visit (continued)
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE 2024 U.S. - Kenya State visit Continued... At the roundtable, Congresswoman Barbara Lee (D-CA) called for Equity Group Managing Director and CEO, Dr. James Mwangi tangible
Slide 88: Macroeconomic Environment Indicators & Trends
Equity Group Holdings Plc Investor Briefing Equity Group Holdings Plc Investor Briefing Q1 2024 PERFORMANCE Q1 2024 PERFORMANCE Macroeconomic Environment .6 Indicators & Trends .25
Slide 89: Kenya: GDP projected to grow 5% in 2024 by the IMF
Equity Group Holdings Plc Investor Briefing EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing Q1 2024 PERFORMANCE H1 2024 PERFORMANCE H1 2024 PERFORMANCE Kenya: GDP projected to grow 5% in 2024 by the IMF Downsides may result from Heavy rains displacements and destru
Slide 90: Kenya: New USD1.5Bn Eurobond buy back eased pressure on USD/KES
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Kenya: New USD$1.5Bn Eurobond buy back and IFB 8.5 years issue eased pressure on USD/KES Kenya: and increased New USD$1.5Bn investors Eurobond confidence buy back on years
Slide 91: Kenya: Weaker external position, narrowing current account deficit
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Kenya: Weaker external position amidst a narrowing current account deficit of 4.3% of GDP A%6'$L(M%$N%#(%;"%#6$:(214+"+16($8+94"($(6$##1,+6&(</##%6"($<<1/6"( 9%@+<+"(1@(OPQR(1@(
Slide 92: DRC GDP growth prospects remain favorable
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE DRC – GDP growth prospects for the economy are projected to remain favorable, at 5.7% in 2024 and 5.6% in 2025 0ME&V&!01&2)#3.F&A)#?A*(.?&>#)&.F*&*(#+#'4&%)*&A)#W*(.*<&.#&)
Slide 93: DRC high inflation
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE DRC – High runaway inflation at 33.81% (BCC) in January 2024 and 21.67% (INS) in May 2024 to remain elevated due to high imports and CDF Depreciation 0ME&V&Y-2F&)@+%3%4&-+>"%.-#
Slide 94: DRC current account deficit to narrow
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE DRC – Current account deficit to narrow from -5.4% of GDP in 2023 to -4.1% in 2024 and -3.2% STU(V(U/##%6"($<<1/6"(9%@+<+"("1(6$##1,(@#18(5WPOR(1@(0SG(+6(XIXQ("1(5OPYR( in
Slide 95: Uganda GDP to grow after oil exports
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing Q1 2024 PERFORMANCE H1 2024 PERFORMANCE Uganda: GDP to grow from 4.8% in 2023 to 5.6% in 2024 before accelerating after oil C&$69$L(0SG("1(,(@#18(OPZR(+6(XIXQ("1(WPHR(+6(XIXO(7%@1#%( exports $<<%:%#$"+6&($@"%#(1+:(
Slide 96: Rwanda: Robust growth at 9.7% in Q1 2024
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Rwanda: Robust growth at 9.7% in Q1 2024 with the projection of 6.6 percent growth in M3%+<%]&M#$@?.&2)#3.F&%.&T6X8&-+&^7&9:9;&3-.F&.F*&A)#W*(.-#+&#>&O6O&A*)(*+.&2)#3.F&-+&
Slide 97: Tanzania: GDP projected to grow steadily
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Tanzania: GDP - projected to grow steadily from 5% in 2023 to 6.5% in 2027 driven by minerals, LNG gas, services public infrastructure and government reforms opening the S%+_%+-
Slide 98: South Sudan: Government revenues to decline
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE South Sudan: Government revenues to decline due to disruption of exports following breakdown of oil pipeline A0I$H%AI3":N%,0C2(:D2:$%(2C2:I2#%$0%32*B):2%3I2%$0%3)#(I/$)0:%0
Slide 99: Case Studies
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE 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 regu
Slide 100: Equity Brand Campaign
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 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
Slide 101: Scan QR codes to download reports and view video
EquityGroup Equity GroupHoldings HoldingsPlc PlcInvestor InvestorBriefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Scan QR code below to download the Equity Group Scan QR code below to download the Africa Holdings Plc 2023 Integrated Report and Financial Recovery and Resilience Plan Statemen
Slide 102: Notes
Equity Equity Group Group Holdings Holdings Plc Plc Investor Investor Briefing Briefing H1 2024 PERFORMANCE H1 2024 PERFORMANCE Notes 106 102
Slide 103: Equity Centre - EquityBCDC Le Siège Social, Kinshasa
Equity Group Holdings Plc Investor Briefing Equity Centre - EquityBCDC Le Siège Social, Kinshasa
Slide 104: Equity Centre, 9th Floor, UpperHill
Equity Group Holdings Plc Investor Briefing 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.
Equity Group Holdings — H1 2024 Earnings Presentation on 6ix