Equity first holdings is a large financial service company that’s mainly located within the East African region based in six countries. Some of these countries include Uganda, Tanzania, Rwanda, and Kenya. Its headquarters are located in Nairobi, Kenya. The chief executive officer is James Mwangi. Equity first holdings have been in the lead by customer numbers exceeding 10 million in the African region thus being the largest commercial bank within the continent.
It was initially founded in Kenya and created to serve and provide mortgage financing to the low-income earners. Over time it has received tremendous recognition and awards for significant promotion of agribusiness among the low-income customers. It was awarded for the best performing company during the annual investor index awards in 2009 best-getting recognition for the overall best bank in Kenya 2008. Nairobi securities exchange serves as a platform upon which equity’s stock is traded. Equity is estimated to have assets exceeding KES 400.993 billion by 30 June 2015. The owner is entitled to various shareholders in which the approximate shareholder’s equity exceeds 64.996 billion.