 The company has a 20% investment in "Equatorial Investment Bank Limited" and 23.86% in "Fidelity Shield Insurance Company Limited" which have been accounted for as associate companies in the consolidated financial statements.Established as an Equatorial Finance Company in 1983, Due to change in regulation, Equatorial Finance Company was converted to Equatorial Commercial Bank Limited and commenced operations as a fully-fledged commercial bank in June 1995.In June 2010 Equatorial Commercial Bank (ECB) merged with Southern Credit Banking Corporation (SCBC), creating a new enlarged bank under the Equatorial Commercial Bank brand.