Shareholder A shareholder or stockholder is an individual or company including a corporation that legally owns one or more shares of stock in a joint stock company. Both private and public traded companies have shareholders. Shareholders are granted special privileges depending on the class of stock, including the right to vote on matters such as elections to the board of directorsthe right to share in distributions of the company's income, the right to purchase new shares issued by the company, and the right to a company's assets during a liquidation of the company.
This was in spite of the much proclaimed economic crunch that hit most western banking and other financial institutions.
The impetus for the growth and strategies used in this expansion has left many questions unanswered. For example, was it really an economic meltdown or was it a paradigm shift of economic development to the African continent? Had the African continent finally awakened to take over economic development from the western hold?
The trend has brought to an end the assumption that banks were meant for the upper classes in society. The inclusion of low income earners in the banks has been seen as the main stimulant to the rapid expansion of banks in Kenya like Equity Bank Ltd.
The move had forced other leading banks to rethink their stance and develop products and services for the lower market in order to keep up with the competition. In so doing, the rate at which financial assistance has hit the market in the country has brought about a business boom never experienced in the region before.
The diversity of credit ranging from small businesses, jua-kali sector, low-income groups, down to financing of farmers was a new move in as far as banking was concerned.
The process of banking for the unbanked in Africa had seen millions of people previously considered being un-credit worth operate accounts with banks and not micro finance institutions. This new market was what had brought the move to new territories by banks in the region.
Branches opened continuously across the region in a bid to tap resources and avail facilities to people who could not be reached.
In so doing there was emergence of new joint ventures, partnerships, mergers, acquisitions and other market entry strategies being put into play by banks as the scramble for customers continued. Besides, there were urgent bids for the creation.strategies used by equity bank limited kenya in international expansion The past five years have seen rapid growth in the operations of banks in Kenya especially in the move to establish units in the East African region.
Equity Bank Of Kenya Strategic Plan Name Professor Course Date due Equity Bank Group Equity bank group is a financial institution based in Kenya, East Africa, offering a variety of financial servicesThis company was founded in as a minor institution, specializing in mortgage financing, which targeted the low income earners.
Updated world stock indexes. Get an overview of major world indexes, current values and stock market data. Equity Bank has taken the strategic direction of bringing full mobility to banking - all the while simplifying the payments and transaction process – enabling greater inclusion for all Kenyans.
With the new MVNO service, Equity bank will provide the most secure banking platform delivered via the mobile phone. A stock derivative is any financial instrument for which the underlying asset is the price of an equity.
Futures and options are the main types of derivatives on stocks. The underlying security may be a stock index or an individual firm's stock, e.g. single-stock futures.. Stock futures are contracts where the buyer is long, i.e., takes on the obligation to buy on the contract maturity date.
Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, and .