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ARE YOU BROKE!!?? EQUITY BANK NOW BEGS PEOPLE TO TAKE FREE MONEY BUT THIS ARE THE CONDITIONS!!??


Equity Bank Group took only 9 months to accomplish a net benefit of 15.1 billion this year, a 18 for each penny increment because of enhanced premium pay. A year ago, in a similar period, the bank posted Sh12.8 billion in net benefit.

Equity Bank Group CEO Dr. James Mwangi, says the development was driven by salary increments and improved productivity.

"The cost to wage proportion has moved from 53 for every penny to 49.2 for every penny. This implies for each shilling of salary, we are just burning through 49 pennies to procure it," he said at a financial



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