Equity Bank South Sudan Limited Overview and Services

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Elegant architecture of Bank Al-Maghrib in Rabat, captured during daytime.
Credit: pexels.com, Elegant architecture of Bank Al-Maghrib in Rabat, captured during daytime.

Equity Bank South Sudan Limited is a leading financial institution in South Sudan, offering a wide range of services to individuals and businesses. It was established in 2011 as a subsidiary of Equity Group Holdings.

Equity Bank South Sudan Limited is licensed by the Bank of South Sudan, the country's central bank. This license allows the bank to operate as a commercial bank, providing various financial services to its customers.

The bank's services include personal banking, corporate banking, and mobile banking. Personal banking services include account opening, loan facilities, and card services. Corporate banking services cater to the needs of businesses, offering cash management, trade finance, and other solutions.

About Equity Bank

Equity Bank South Sudan Limited is a subsidiary of Equity Group Holdings Limited, a large financial services conglomerate. It's worth noting that Equity Group Holdings Limited has a customer base of over 14 million across six East African countries.

Equity Bank South Sudan Limited received the Bank of the Year South Sudan 2020 award by The Banker, during the Bank of the Year Awards 2020. This is a testament to the bank's performance and success in the region.

Credit: youtube.com, Equity Bank South Sudan Branch Locations

As of August 2021, Equity Bank South Sudan Limited had assets valued at US$107.32 million and recorded deposits worth US$70.03 million. This is a significant growth from its asset value of $89.24 million in 2020.

The parent company, Equity Group Holdings Limited, has a diverse range of services, including banking, financial services, foundation, and health services. It's listed on the Nairobi Stock Exchange and on the Uganda Securities Exchange.

Here's a brief overview of Equity Group Holdings Limited's subsidiaries:

Overview

Equity Bank South Sudan is a significant player in the banking industry, with an asset value worth $89.24 million in 2020.

The bank's revenue generated in 2020 was $21.85 million.

Equity Bank South Sudan received the prestigious Bank of the Year South Sudan 2020 award by The Banker.

As of August 2021, the bank's assets were valued at a substantial $107.32 million.

The bank had recorded deposits worth a notable $70.03 million by August 2021.

In 2020, the bank underwent a rebranding exercise, aligning with its parent company Equity Group Holdings.

Ownership

Credit: youtube.com, Equity bank passes resolution to set up employee share ownership scheme

Equity Bank South Sudan is a subsidiary of Equity Group Holdings Limited, a large financial services conglomerate.

Equity Group Holdings Limited is listed on the Nairobi Stock Exchange and trades under the symbol EQTY, and it's also cross-listed on the Uganda Securities Exchange under the symbol EBL.

The shares of Equity Group Holdings Limited are traded on two exchanges, providing investors with multiple options to invest in the company.

Equity Bank South Sudan is a 100% subsidiary of Equity Group Holdings Limited, meaning the parent company has full ownership and control over the bank.

The Equity Group Holdings Limited has a diverse portfolio of subsidiaries across East Africa, including Kenya, Uganda, Tanzania, Rwanda, DRC, South Sudan, and a representative office in Ethiopia.

As of 2019, Equity Group Holdings Limited had a significant workforce of 8,959 employees.

Here is a summary of the Equity Group Holdings Limited's business segments:

Branch Information

Equity Bank South Sudan Limited has its headquarters in Juba, the capital city of South Sudan.

Credit: youtube.com, Kenya's Equity Bank Group closes 7 branches in South Sudan

The bank has a significant presence in the country's major urban centers, with several branches located in key areas.

The main branch of the bank is located on the Ground Floor of Equity Plaza Juba.

Some of the notable branches of the bank include the Bilpham Branch, located at the SPLA Headquarters in Juba, and the Hai Malakal Branch, situated on the Juba-Malakal Road in Malakal.

Here is a list of some of the bank's branches:

  1. Juba Branch - Ground Floor, Equity Plaza Juba
  2. Bilpham Branch - SPLA Headquarters, Juba
  3. Hai Malakal Branch - Juba-Malakal Road, Malakal
  4. Yei Branch - Equity Building, Yei
  5. Yambio Branch - Equity Building, Yambio
  6. Torit Branch - Torit
  7. Nimule Branch - Nimule
  8. SSBL Branch - Juba
  9. Kajo Keji Branch - Kajo Keji

Frequently Asked Questions

Is Equity Bank a real bank?

Yes, Equity Bank is a real bank that offers a range of financial services to individuals and businesses worldwide. It's a globally recognized banking brand with a strong mission to empower its customers.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

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