idi ary ▁in ▁the ▁Equ ity ▁Bank ▁Group , ▁during ▁the ▁first ▁six ▁months ▁of ▁calendar ▁year ▁ 2 0 1 8 . ▁ ▁History ▁Before ▁May ▁ 2 0 1 5 , ▁three ▁corpor ate ▁entities ▁joint ly ▁owned ▁ 7 9 ▁percent ▁of ▁Pro cred it ' s ▁stock : ▁Pro cred it ▁Bank , ▁the ▁German ▁In vest ment ▁Corporation , ▁and ▁St icht ing ▁DO EN . ▁The ▁remaining ▁ 2 1 ▁percent ▁was ▁held ▁by ▁K f W ▁( 1 2 ▁percent ) ▁and ▁the ▁International ▁Fin ance ▁Corporation ▁( 9 ▁percent ). ▁ ▁On ▁ 2 6 ▁May ▁ 2 0 1 5 , ▁Equ ity ▁Group ▁Hold ings ▁Limited ▁( EG HL ) ▁of ▁Ken ya , ▁a ▁large ▁financial ▁services ▁con gl omer ate ▁announced ▁that ▁it ▁had ▁agreed ▁to ▁pay ▁US $ 6 0 ▁million ▁for ▁ 7 9 ▁percent ▁share hold ing ▁in ▁Pro cred it ▁Bank . ▁E G HL ▁has ▁a ▁customer ▁base ▁exceed ing ▁ 9 . 2 ▁million ▁in ▁the ▁five ▁East ▁African ▁countries ▁it ▁serves , ▁making ▁it ▁the ▁largest ▁commercial ▁bank ▁on ▁the ▁African ▁continent ▁by ▁customer ▁numbers . ▁The ▁deal ▁was ▁concluded ▁following ▁regul atory ▁appro val ▁by ▁Ken yan ▁and ▁Cong ol ese ▁authorities , ▁which ▁was ▁obtained ▁in ▁September ▁ 2 0 1 5 . ▁ ▁In ▁September ▁ 2 0 1 9 , ▁Equ ity ▁Bank ▁Group ▁began ▁tal ks ▁to ▁ac quire ▁a ▁cont rolling ▁st ake ▁in ▁Ban que ▁Com mer