Equity Bank closes City Hall branch

What you need to know:

  • “All accounts currently maintained at this branch will be transferred to any other Equity branch of your choice,” read the statement.
  • “We had given them a notice a while back. We will immediately begin rearrangement of the space to suit the needs of the legislators,” Mr Mwakanongo said on a telephone interview with the Daily Nation.

Equity Bank will on Wednesday close down its City Hall branch as the county government takes over the space.

A public notice issued by the bank has asked its customers whose accounts are based at the branch to select another branch of their choice where they prefer to move their details.

“All accounts currently maintained at this branch will be transferred to any other Equity branch of your choice,” read the statement.

The financier’s nearby branches include Mama Ngina, Kenyatta Avenue, Fourways, Kimathi Tom Mboya, Moi Avenue, Knut house and Harambee Avenue.

County Finance Executive Mr Gregory Mwakanongo. He said the county government will now convert the space into a lobby to house the legislators. PHOTO | CITY HALL

According to the County Finance Executive Mr Gregory Mwakanongo the county government will now convert the space into a lobby to house the legislators.

GIVEN THEM A NOTICE

“We had given them a notice a while back. We will immediately begin rearrangement of the space to suit the needs of the legislators,” Mr Mwakanongo said on a telephone interview with the Daily Nation.

Equity’s exit comes months after the civic body swapped a Sh5 billion loan it borrowed from the financier to KCB group over what City Hall said was due to high interest rates.