An Equity Bank Uganda executive has allegedly swindled the lender of $2.8 million (Sh274 million), adding the Kenyan firm to the growing list of companies that have been hit by internal theft.

Equity Bank Uganda, a subsidiary of Kenya's largest financial institution is registering up to 800 new bank accounts on a daily basis, the bank's head has said.

Diamond Trust Bank charges sh400. Tropical Bank charges between sh300 and 500, while Crane Bank has the highest charge at sh2,000 per deposit. Cash deposits by ATM are free for other banks.

Prosecution alleges that between 2021 and 2024, at Equity Bank, in Kampala City, Ms Nabisubi, being a person employed as a relationship manager in charge of telecom, incurred a debt of Shs6.55b ...

Equity Bank has doubled service charges for over-the-counter withdrawals in a bid to decongest banking halls and direct customers to alternative channels ... 158 in Kenya, Uganda (31), South ...

This marks the second time in three months that Equity Bank has adjusted its lending rates, ... (Sh6.5 billion) within three months to expand into Kenya, Uganda, and Tanzania. Business. By Kelley ...