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Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at number seven among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall category of the best performing banks.

This is according to The Banker's Top 100 African Banks ranking for 2020.

This year's ranking shows stabilisation in the finances of the majority of African major lenders.
The ranking, which tracks the health and wealth of the African banking sector, used an array of
metrics including the overall growth performance, financial soundness, profits on capital, leverage and return on risk.

In the year under review, Equity improved on its performance with a 14% profit after tax growth
to Kshs 22.6 billion from Kshs 19.8 billion in 2018. The impressive performance registered during an interest capping period was driven by a 23% growth in loan book to Kshs 366.4 billion from Kshs 297.2 billion in 2018.

Dr. James Mwangi, Managing Director and CEO said that, the enhanced efficiency and cost optimization saw cost-income ratio improving to 51% from 52.4% in 2018.

The Group has maintained its yield on interest-earning assets at 11.2% despite the challenge of interest capping and declining yield curve.

Innovation has also been a great enabler in driving growth and is already registering efficiency gains from digitization.

On financial soundness, Equity ranked number 5 on the backdrop of an agile balance sheet with
a liquidity of 52.1%, a loan deposit ratio of 75.9% and a core capital to risk-weighted asset ratio
of 19.8%.

The balance sheet reflects solid diversified funding with customer deposits constituting
72% of the total funding, shareholders and long-term borrowing contributing 17% and 8% respectively.

The financial soundness is further enhanced by a strong capital base, which is well within both internal and regulatory limits, solid business performance and Net loans which constituted 54% of the total assets while government securities and cash and cash equivalents
contributed 26% and 13% of the total asset allocation respectively.

'The ranking is an indication that Equity remains robust, despite the challenging operating
environment. We have developed and adopted a sustainable business model to cushion the
business as well as boost value creation for shareholders,' added Dr. Mwangi.

The Banker Top 1000 World Banks 2020 ranked Equity Bank 754 in balance sheet size overall
in its global ranking, 62nd in soundness (Capital Assets to Assets ratio), 55th in terms of Profits
on Capital and 20th on Return on Assets.

Source : https://taarifa.rw/2020/10/16/equity-bank-ranks-number-7-in-africa/

Inkuru y'uyu munsi iribanda ku kuba abagore ari bo bishimira imibonano mpuzabitsina. ukuri n'uko hagati y'umugabo n'umugore ku bijyanye n'imibonano, umugore niwe uryoherwa kurushaho.

Ariko ikibabaje n'uko abagore benshi bavutswa ibi byishimo, biterwa n'uko ahanini abagabo benshi batazi kugeza abagore babo kuri ibi byishimo, na none abagore bo abwabo ntibazi kwisobanura neza kubo bashakanye.

Ku mugabo imibonano n'imibonano gusa, nta kindi. Niyo mpamvu bimworohera gusohora niyo yikinishije gusa, kuryamana n'umusazi, umukozi wo mu rugo, n'ukuvuga abantu basanzwe. Ayo arangije ubwenge bwe bwimukira ku bindi bintu. Abagabo bayoborwa n'irari cyane cyane.

Umugore kuri we sex n'ibyiyumvo -Umugore ntiyapfa gukora sex n'umuntu atiyumvamo, iyo bibaye ngombwa ko akora sex kubw'izindi nyungu, basi arabikora ngo ashimishe uwo muntu nawe yibonere icyo yifuza. Ku mugore sex n'urukundo n'ibyiyumvo.

Abagabo bakunda kwigaragaza nkaho aribo bakunda sex, ariko ukuri n'uko abagore aribo bakunda sex kurusha abagabo, bitewe n'imimerere n'uburere abagore bahisha ibyiyimvo byabo bakijijisha n'igihe bahuye n'umugabo uzi kubageza ku byishimo, barabyishimira.

Kuri nta byinshi bindi twavuga, uwo kwigisha n'umugabo. Ubutaha tuzakugezaho inkuru ivuga ku cyakorwa kugira ngo ufashe mugenzi wawe. Umugore cyangwa umugabo.

Garagaza ko iyi nkuru igushimishije utwandikira muri comment no gukora share yayo.

POSTED BY EMMY KURI RWANDAPAPARAZZI.RW/TV

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The post NINDE URYOHERWA N'IMIBONANO KURUSHAHO HAGATI Y'UMUGABO N'UMUGORE:INKURU appeared first on Rwanda Paparazzi.

Source : https://rwandapaparazzi.rw/2020/10/16/ninde-uryoherwa-nimibonano-kurushaho-hagati-yumugabo-numugoreinkuru/

Banki y'Abaturage y'u Rwanda (BPR Atlas Mara), ku bufatanye na Mo-pay yashyizeho uburyo bw'ikoranabuhanga abayoboke b'itorero ry'Abadivantisiti b'umunsi wa karindwi bazajya bifashisha mu gutanga icyacumi n'amaturo.

Source : https://igihe.com/amakuru/u-rwanda/article/bpr-plc-yahaye-abadivantisiti-ikoranabuhanga-rizajya-ryifashishwa-mu-gutura

A very high-level American delegation flew to Haïti on Wednesday but did not have any official meeting with President Jovenel Moïse. Aid and donations were promised. The same delegation visited the Dominican Republic and signed agreements for investments in the order of two billion dollars, announced President Luis Abinader.

Later on Thursday, US Secretary of State Mike Pompeo once again called for the holding of legislative elections as soon as it is technically possible to do so and said he understood that OAS Secretary Luis Almagro called for what they are held by the end of January 2021.

'@SecPompeo: For the moment, the legislative elections in # Haiti are late. We continue to call for elections to take place as soon as they are technically feasible, 'read a tweet from the U.S. Embassy on Thursday, October 15, 2020.

'We understand the OAS Secretary General has called for these elections to be held by the end of January,' Mike Pompeo can be heard saying in a 13-second video posted along with the tweet.

In a correspondence dated Tuesday, August 26, 2020 addressed to the Haïtian President, Jovenel Moïse, the Secretary General of the Organization of American States (OAS), Luis Almagro, had summoned the Head of State to organize legislative elections not later than the end of January next year.

'It is imperative to organize the legislative elections at the latest at the end of January next year to restore, in all serenity, a functional Parliament then, when the time comes, to respect the electoral deadlines in order to proceed to the democratic transfer of executive power, 'Secretary General Luis Almagro wrote to President Moïse.

Mike Pompeo's tweet comes twenty-four hours after a high-level delegation, chaired by Adam Boehler of the 'Developpement Finance Corporation', passed through.

Adam Boehler announced the possibility of making between U$ 20 million and U$ 100 million available to Haiti, during a press conference at the American embassy on Wednesday, October 14, 2020.

However, in the Dominican Republic, Adam Boehler signed a cooperation agreement with Dominican President Luis Abinader to finance private projects worth U$ 2 billion that will create thousands of jobs, according to a tweet posted on the account of the Dominican president.

'We are a $ 60 billion organization. We invest in developing countries around the world. We are focused on creating jobs. This is our first priority. My goal in Haiti is to identify projects that create jobs to increase the income level of the country's population, 'Adam Boehler said at a press conference at the American Embassy in Haiti.

'We just finished a discussion with banks on a credit program. We have a focus on credit to women. We were able to determine that investing in women is a better investment because they pay better than men, 'continued Adam Boehler, who stressed the importance of the delegation he leads.

'I'm here with senior delegates from six US agencies. This is the first time that the United States has sent a delegation with representatives from so many agencies to Haiti. Why are we doing this? Our mandate is to invest in development alongside our allies. We have met the private sector in Haiti ', explained this senior American official who spoke about the challenges of the upcoming legislative elections in Haiti.

 

Source : https://taarifa.rw/2020/10/16/how-usa-is-humiliating-haiti/