Equity Bank South Sudan Limited (EBSSL) is a
commercial bank in
South Sudan. The bank provides banking services to individuals and to small and medium business enterprises. It is one of the commercial banks licensed to operate in the country by the
Bank of South Sudan
The Bank of South Sudan is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of ...
, the
central bank and national banking regulator.
Overview
In 2020, the bank had an asset value worth $89.24 million (SSP11.62 billion) and generated revenue worth $21.85 million (SSP 2.85 billion). Equity Bank South Sudan received the Bank of the Year South Sudan 2020 award by The Banker, during the Bank of the Year Awards 2020. As of August 2021, Equity Bank South Sudan had assets valued at US$107.32 million and recorded deposits worth US$70.03 million.
The bank rebranded in 2020 inline with the parent company Equity Group Holdings.
Equity Group Holdings Limited
In 2020, the bank had an asset value worth $89.24 million (SSP11.62 billion) and generated revenue worth $21.85 million (SSP 2.85 billion).
Equity Bank South Sudan received the Bank of the Year South Sudan 2020 award by The Banker, during the Bank of the Year Awards 2020.
As of August 2021, Equity Bank South Sudan had assets valued at US$107.32 million and recorded deposits worth US$70.03 million.
Equity Bank South Sudan is a subsidiary of
Equity Group Holdings Limited (EGHL), a large financial services conglomerate, with an asset base estimated at over US$10.2 billion (KES:1.12 trillion), and customer deposits worth US$7.46 billion (KES:840.3 billion). EGHL has a customer base in excess of 14 million in the six
East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa:
Due to the historical ...
n countries that it serves, making it the largest commercial bank on the African continent, by customer numbers. The stock of the Equity Group Holdings Limited is listed on the
Nairobi Stock Exchange, where it trades under the symbol EQTY. It is also cross-listed on the
Uganda Securities Exchange under the symbol: EBL.
Ownership
Equity Bank South Sudan Limited is a 100% subsidiary of
Equity Group Holdings Limited, a diversified financial services
conglomerate
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** Co ...
, with subsidiaries in
Kenya,
Uganda,
Tanzania,
Rwanda
Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...
,
DRC,
South Sudan and a representative office in Ethiopia. The shares of
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
of the Group are traded on the
Nairobi Stock Exchange and on the
Uganda Securities Exchange.
Branch network
Equity Bank South Sudan Limited has its headquarters in South Sudan's capital city,
Juba. The bank maintains branches in many of the country's major urban centers, including the following:
# Juba Branch - Ground Floor, Equity Plaza
Juba (Main Branch)
# Bilpham Branch - SPLA Headquarters,
Juba
# Hai Malakal Branch - Juba-Malakal Road,
Malakal
# Yei Branch - Equity Building,
Yei
# Yambio Branch - Equity Building,
Yambio.
# Torit Branch -
Torit
# Nimule Branch -
Nimule
# SSBL Branch -
Juba
# Kajo Keji Branch -
Kajo Keji
See also
*
Economy of South Sudan
South Sudan became the world's newest country and Africa's 55th nation on 9th July , 2011. The conflict, which started in December 2013, undermined economic development achieved since independence, making humanitarian work difficult to conduct w ...
*
Banking in South Sudan
*
List of banks in South Sudan
References
External links
Website of Bank of South SudanWebsite of Equity Bank South Sudan LimitedWebsite of Equity Group Holdings Limited
{{Equity Group Holdings Limited, state=expanded
Banks of South Sudan
Banks established in 2008
Companies based in Juba