About
Equity BCDC SA (EquityBCDC) is the second-largest commercial bank in the Democratic Republic of Congo, formed in December 2020 through the merger of Equity Bank Congo and Banque Commerciale du Congo (BCDC). BCDC traces its origins to the Banque du Congo Belge established in 1909, making it one of the oldest financial institutions on the African continent. The merged entity is a subsidiary of Equity Group Holdings Limited of Kenya, one of Africa's leading financial services conglomerates with total assets exceeding USD 10 billion. As of December 2021, EquityBCDC held total assets of USD 3.7 billion with over 1.3 million bank accounts and 74 branches nationwide. The bank provides a comprehensive range of retail, SME and corporate banking services to the DRC's mining industry, including equipment financing, trade finance, payroll banking for mine workers, and foreign exchange services. EquityBCDC offers single-counterparty lending of up to USD 40 million and consortium financing of up to USD 350 million through the Equity Group network across seven African countries.
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