Equity Bank launches online forex trading platform

The platform, which is hosted by Thomson Reuters's Refinitiv Electronic Trading, allows the bank’s customers, particularly SMEs and corporates, to digitally buy and sell foreign currencies, removing the need for face-to-face or over-the-phone transactions.

(L-R) Simon Muyobo, head of treasury, Equity Bank Uganda, James Mutuku, Equity group director treasury, Samuel Kiroki, MD Equity Bank Uganda and Micheal Seguya, ED commercial during the launch