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Equity plans 150 branches in three years
Publish Date: Mar 18, 2010
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By Patrick Jaramogi
EQUITY Bank plans to have at least 150 branches across the country in the next three years, Charles Nalyali, the managing director, has said.

Addressing clients at the launch of the Oasis mall corporate branch in Kampala, Nalyali said the bank’s presence in Uganda was growing fast.

“We are hardly two years here, but we currently have 43 branches and 49 ATMs (auto teller machines) across the country, with close to 400,000 clients,” he said.

He added that the Oasis mall branch was set up to create convenience for busy clients.

“That is why it is open up to 9:00pm every day, including public holidays,” he said, adding that despite challenges, the bank will open a 50th ATM shortly.

Apollo Njoroge, the executive director, said the bank also had a footprint in Southern Sudan where it has opened three branches.

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