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Equity Banque Commerciale Du Congo S.A. (Kinshasa, Kinshasa) (Democratic Republic of the Congo)

Main Activities: Other Depository Credit Intermediation
Full name: Equity Banque Commerciale Du Congo S.A. Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Bank plays a leading role in its market and offers a full range of financial services to individuals, businesses, institutional investors and the public sector.
The Bank wants to assert its role as a reference bank in the DRC.
The Bank is an institution that aims to offer stability, flexibility, solidity and innovation.
1909: Birth of the Banque du Congo Belge. As a public limited company, it carries out most of its activities in Central Africa.
In 1911, it obtained for the Belgian Congo the privilege of issue which it would keep for more than 40 years.
1960: Congo becomes a sovereign state. The Banque du Congo Belge brings its European activities to the Banque Belgo-Congolaise set up on 14 April in Brussels. The latter has been known since 1965 under the name Banque Belgolaise, a shareholder, alongside the Congolese government and private partners, of the Congolese bank known as Banque Commerciale du Congo.
For a few years it will bear the name of Banque Commerciale Zairoise.
1997-2003: The collapse of the country s economy and the long civil war forced the bank to reduce its size to a level compatible with its activities.
2004 ... Taking advantage of the improvement in the socio-political climate and the ensuing economic upturn, La Societe is redeploying its network throughout the country and adapting its sales organization to the new needs of its clientele of private individuals, SMEs, Large corporations and institutions.
The Bank is now the reference bank in the DRC, active throughout the country.
30th December 2020… Equity Group holdings Plc (EGH) has received regulatory approval to merge Equity Bank Congo (EBC) and BCDC to form a new bank. Going forward, the new bank will be known as, Equity Banque Commercial du Congo (EquityBCDC). This follows EGH's acquisition of 66.53 shareholding of BCDC from the family of George Forrest, combined with prior EGH 86.6 shareholding in EBC and an additional EBC shareholding of 7.7 acquired from KFW during the year. Post merger, EGH holds 77.5 in Equity BCDC with the remainder being held by IFC, the Government of DRC and minority shareholders.

Headquarters
Boulevard Du 30 Juin
Kinshasa, Kinshasa; Postal Code: 2798

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Website: http://equitygroupholdings.com/cd

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1909
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Executive Vice President
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Executive Vice President
Ownership Details
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75.53%
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15.42%
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4.8%
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2.27%
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1.98%
Subsidiaries
Sci (Congo)
100%
Company Performance
Financial values in the chart are available after Equity Banque Commerciale Du Congo S.A. (Kinshasa, Kinshasa) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CDF. Absolute financial data is included in the purchased report.
Net interest income
-27.23%
Operating profit (EBIT)
5.94%
Net Profit (Loss) for the Period
-16.94%
Total assets
-1.78%
Total equity
72.58%
Total Assets Trend
N/A
Net Interest Income Trend
N/A
Loans to Deposits Ratio
15.57%
Loans to Asset Ratio
12.42%

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