SWOT and PESTLE analysis of Equity Bank Limited

SWOT and PESTLE analysis of Equity Bank Limited: Equity bank group is a financial service provider whose headquarters are in Nairobi. Equity bank has subsidiaries in countries like, Rwanda, south Sudan, Tanzania, Uganda and the DRC. Equity bank is licensed by the Central Bank of Kenya as a Commercial Bank.

 

Summary of Equity Bank Limited

 

• Company name: Equity Bank Group
• Location: Nairobi, Upper Hill – Hospital Road, Equity Centre, 9th floor
• Business sector: financial services
• Revenue: Ksh 16.062 Billion as per financial year ending December 2016
• CEO: James Mwangi
• Competitors: Cooperative Bank, Family Bank, Standard Chartered, Barclays, Kenya Commercial Bank
• Equity Bank official website:https://equitygroupholdings.com/
• Equity Bank official Facebook page: Equity Facebook
• Equity Bank official twitter handle: https://twitter.com/africa_success
• Equity Bank official contacts: 0763063000
  Contact Centre Email: feedback@equitybank.co.ke
• Common company tags: Equitel, Eazzychama, online banking, Eazzynet, Equity bank diaspora, Equity bank PayPal,  Equity bank self service, Wings to Fly scholarship

 

SWOT analysis of Equity Bank

 

The following is the SWOT analysis of Equity Bank

Strengths

• Local roots
• Strategic partnerships
• Good management policies

Weaknesses

•  Cost structure

Opportunities

• Innovation
• New markets
• International expansion

Threats

•  Cyber crime
• Uncertainty of the Kenyan economy
• Political risks

PESTLE analysis of Equity Bank

The following is the PESTLE analysis of Equity Bank

Political

• Political uncertainty in the country
• Terrorism

Economical

• Volatile Kenyan currency
• startups

Social

• Financial literacy of customers
• Financial confidence

Legal

• Strict and increased regulatory demands
• Changes in regulation

Environmental

• waste management
• carbon credits

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