Equity Bank Uganda, a subsidiary of Equity Group Holdings Limited, has steadily grown into one of the country’s leading financial institutions. Over the past decade, the bank has risen from the 15th to the 6th largest bank in Uganda, a clear sign of its expanding footprint and commitment to serving Ugandans.

One of the key products driving this growth is asset financing. This solution allows businesses to use assets such as trucks, machinery, or equipment as collateral to access loans at lower interest rates. For many small and medium enterprises (SMEs), this has become a practical way to expand operations without heavy upfront costs.

Uganda’s economy is experiencing increasing demand for such financing options, especially as SMEs continue to play a critical role in job creation and trade. By providing flexible financial tools, Equity Bank is directly supporting entrepreneurs and businesses looking to grow in a competitive environment.

This approach also reflects a broader trend across East Africa, where banks are adjusting their services to meet business needs in the wake of post-pandemic recovery. With the backing of Equity Group Holdings — a regional powerhouse with assets of over $10.4 billion as of July 2021 — Equity Bank Uganda is positioning itself as a strong partner for businesses seeking sustainable growth.