Equity Bank, Jade Collections Partner for Month-Long Valentine’s Day Deals and Discounts

Equity Bank, Jade Collections Partner for Month-Long Valentine's Day Deals and Discounts

Love and deals are the hallmarks of romance during Valentine’s Day.

Kenya’s Equity Group has partnered with fashion retailer Jade Collections by announcing a four-day special Valentine sale across its six outlets.
The fashion house stocks ladies, men’s and children’s wear and Equity Bank customers will enjoy a 10% discount on their purchases when they pay using their Equity cards.

The offer is available to all Equity Bank cardholders including Visa, Mastercard, and American Express card.  Valid until the end of February.

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Equity Bank, Jade Collections Partner for Month-Long Valentine's Day Deals and Discounts

Equity Bank continues to find innovative ways to encourage cashless transactions in the market in order to offer convenience, safety, and security.

Jade Collections’ outlets are spread out across the country in Kisumu, Eldoret, Thika, Westlands, Tom Mboya & Haile Selassie Avenue.

Partnership with Ibis hotel and Swahili Beach Hotel

The bank is also giving its members 25% off on accommodation at the Ibis hotel when they use their cards. In addition to Ibis Styles partnership, Equity bank has partnered with Swahili Beach Hotel to offer its  Premium Debit Card Holders exclusive Offers. 

Valid to te 20th December 2020.

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Equity Bank’s increased innovation and digitization have seen 97.0% of all transactions of the bank is done on alternative channels, with mobile transactions taking up 77.0% of all transactions, and agency banking contributing 12.0% of all transactions.

This is based on the bank’s Q3’2019 financial results reporting an increase in core earnings per share increasing by 10.4% to Kshs 4.6 from Kshs 4.2 in Q3’2018 driven by an 11.2% increase in total operating income.   

However, in terms of the value of transactions, branches contributed 50.0% of the value of all transactions, with agency banking and mobile contributing 16.0% and 16.0%, respectively.

This highlights the transformation of branches to handle high-value transactions. This transformation aids the bank in offering its ecosystem banking products to corporate and SME clients