Equity Bank Kenya Limited has maintained a longstanding platinum membership with the Kenya National Chamber of Commerce and Industry (KNCCI), marked by numerous interactions and programs. In 2020, KNCCI and Equity solidified their relationship by signing a Memorandum of Understanding. The agreement enabled KNCCI members to access post-COVID-19 financial support, specifically tailored for businesses.

The partnership was further strengthened through a meeting that took place this morning between KNCCI’s leadership, including Chamber President Dr. Erick Rutto and Chamber Vice President Mr. Mustafa Ramadhan, and representatives from various KNCCI sectoral committees. They engaged with the management team of Equity Bank Kenya Ltd, led by Commercial Director Mr. Humphrey Muturi and General Manager- Business Banking – SME, Mr. Erastus Muthura.

This partnership between KNCCI and Equity Bank focuses on combining commercial initiatives with social endeavors, incorporating elements like financial literacy and Corporate Social Responsibility (CSR) programs for the benefit of all members.

Equity Bank, with its presence in six countries, aligns well with KNCCI’s international aspirations, particularly following the Chamber President’s election to the ICGLR private sector forum, which encompasses 12 countries . A key initiative includes hosting ministerial and presidential roundtables in collaboration with Equity Bank to address advocacy gaps and challenges faced by businesses across various sectors.

KNCCI, known for offering the Certificate of Origin, seeks to leverage this partnership to enhance export finance and guarantees through Equity Bank. This effort is particularly significant with the recent opening of the bank’s branch in China. Additionally, KNCCI aims to achieve ISO Certification to streamline national and international regulations, thereby facilitating international trade and resolving logistics challenges.

The collaboration between KNCCI and Equity Bank Kenya Limited will concentrate on several key areas, including:

  • Financial literacy workshops
  • Access to finance
  • Members networking events
  • Advocacy
  • Digitization
  • Market Intelligence
  • Women and Youth empowerment
  • SME empowerment through capacity building

This partnership is anticipated to drive business growth and provide valuable benefits to all KNCCI members.