Equity Bank Finance Manager

Equity Bank Finance Manager – Equity Bank Kenya and AGCO, the American company that owns the Massey Ferguson brand, have signed a partnership agreement that will see their customers receive up to 80% financing for Massey Ferguson tractors and attachments, payable within 48 months.

Speaking at the launch, Sam Ndung’u, Director of Associate Credit at Equity Bank of Kenya, said the bank has partnered with AGCO, one of the largest agricultural machinery companies in the world. Through sole franchise owner, FMD East Africa, financing is available to both businesses and individuals for Massey Ferguson tractors and complimentary attachments.

Equity Bank Finance Manager

“We have a common goal with AGCO, which is to expand small and medium-sized businesses (SMEs); to help achieve food security on the continent, especially in the agribusiness value chain from farmers to processors. This partnership will go a long way in improving convenient access to finance, thereby creating growth and employment opportunities for more people,” said Mr Ndung’u.

Equity Bank Kenya Enters Into Partnership With Agco

In turn, Fergus Robley, General Manager of FMD, said: “This partnership will make it easier for farmers to quickly repay loan applications, as well as to have quality equipment on their farms. FMD is known for setting the pace for after sales support.” According to the terms of the partnership, the Joint-Stock Bank offers clients who qualify for financing for the purchase of tractors a specially agreed complex insurance with an annual premium of 2% of the tractor’s value, through an equity insurance agency within the framework of the transaction.

Massey Ferguson tractors are widely known all over the world. They are popular among people engaged in agriculture, animal husbandry and gardening. The partnership comes on the back of a recent agricultural sector financing partnership between the European Union-backed Kenya Joint Stock Company and the European Investment Bank. It seeks to transform economic opportunities for thousands of smallholder farmers in Kenya through a €50 million (Kshs. 5.7 billion) fund. Private equity and investment banking raise capital for investment purposes, but do so in very different ways. Private equity firms raise high-net-worth funds and seek investments in other businesses. Investment banks find businesses, then go to the capital markets and look for ways to raise money from the investment crowd.

Investment banking is a special branch of banking that deals with raising capital for other companies, governments and other entities. Investment banks underwrite new debt and equity securities for all types of corporations; assistance in the sale of securities; and helping to facilitate mergers and acquisitions, reorganizations and brokerage transactions for institutions and individual investors. Investment banks provide guidance to issuers regarding the issuance and placement of shares. Positions in investment banking include consultants, bank analysts, capital market analysts, researchers, trading specialists, and more. included. Each requires its own knowledge and skills.

A degree in finance, economics, accounting or mathematics is a good starting point for any banking career. In fact, it may be all you need for many entry-level positions in commercial banking, such as a personal banker or teller. Those interested in investment banking should strongly consider obtaining a Master of Business Administration (MBA) or other professional qualification.

Risk Management In Treasury Operations

Great people skills are a huge plus in any banking business. Even dedicated research analysts spend a lot of time working as part of a team or advising clients. Some positions require more sales communication than others, but comfort in a professional social environment is important. Other important skills include communication skills (explaining concepts to customers or other departments) and a high level of initiative.

In public listing or trading. Private equity is a source of investment capital from high net worth individuals and companies. These investors buy shares of private companies or take control of state-owned companies, taking them private and eventually delisting them from state-owned stock exchanges. Large institutional investors dominate the private equity world, including pension funds and large private equity firms funded by a pool of accredited investors.

Private equity is sometimes confused with venture capital because both refer to firms that invest in companies and exit by selling their investments in equity financing such as initial public offerings (IPOs). However, there are major differences in the way companies involved in the two types of financing operate.

Private equity and venture capital buy different types and sizes of companies, invest different amounts of money, and require different percentages of equity in the companies they invest in.

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Investment bankers work on the sell side, meaning they sell business interests to investors. Their main clients are corporations or private companies. When a company wants to go public or is working on an M&A deal, it may seek the help of an investment bank.

In contrast, private equity partners work on the buyer’s side. They buy business interests on behalf of investors who have invested money. In some cases, private equity firms buy controlling stakes in other companies and directly participate in management decisions.

In 1933, the United States became the first and only country in the world to forcibly separate investment banking from commercial banking. Over the next 66 years, investment banking was completely separated from commercial banking, such as deposit-taking and lending. These barriers were removed by the Gramm-Leach-Bliley Act of 1999. Investment banks are still heavily regulated, particularly by the proprietary trading restrictions of the Dodd-Frank Act of 2010.

Private equity, like hedge fund investing, has historically escaped many of the regulations that affect banks and public corporations. The logic behind a light regulatory hand is that most private investors are sophisticated and wealthy and can take care of themselves. However, Dodd-Frank gave the SEC the green light to strengthen scrutiny of private equity. In 2012, the first private equity capital regulatory agency was established. Special attention is paid to consulting fees and taxation of private capital activities.

What Are The Roles And Responsibilities Of A Finance Manager?

Investment banking analysis is more thorough, abstract and less specific than private equity analysis. Part of this is explained by compliance risks for investment banks, as a picture that is too specific or too rosy can be perceived as misleading.

Another possible explanation is that private equity partners are more likely to have “skin in the game.” With less equity and less patient population, private equity analysts often probe deeper and more critically.

Compared to their investment banking counterparts, private equity partners seem to have a more forgiving and balanced chatterbox lifestyle. The strict suit-and-tie, 14-hour, stressful corporate culture popularized in movies and television mirrors that of investment banking.

Private equity firms tend to be smaller and more selective when it comes to hiring. But once hired, they care less about how productivity is maintained. There are exceptions and overlaps in every industry, but in general, an average day for private equity partners is a little stressful. The financial manager is the main person of any company. They are responsible for maintaining financial records and managing budgets and analyzing balance sheets to help make decisions about where to allocate funds. The finance manager’s responsibilities also include supervising accounting staff, training staff on financial matters, and preparing tax returns.

Senior Finance Manager Resume

A thorough knowledge of accounting principles and strong analytical skills are required to perform this job effectively. This blog will give you a better understanding of what finance managers do in their jobs, roles and responsibilities.

One of the most important and complex activities in any business is financial activities. A finance manager performs all the financial tasks necessary to fulfill these needs. A financial manager is a financial director of a company responsible for all financial operations of the enterprise.

They usually work closely with other departments on project management tasks to ensure everything runs smoothly. It includes managing budgets, forecasting future cash flows and expenditures, providing information related to financing requests or strategic decisions regarding mergers and acquisitions.

Financial managers help other members of their organization make sense of the numbers by breaking down and simplifying complex problems. They also coordinate accounting to comply with various laws, prepare financial statements, charts, and profit forecasts with an eye for detail.

International Finance Corporation

The role of the financial manager is dynamic and growing in line with the development of technology. Finance Manager roles include:

A finance manager is hired to support an organization’s executive management team through financial expertise and strategic decision-making. Some of the important responsibilities of a finance manager include:

Sufficient cash and liquidity must be maintained to meet business requirements. A firm can raise funds through equity and debt. It is the responsibility of financial managers to maintain a balance between equity and debt.

Once the financial managers have collected the funds, the next step is to allocate the funds. A good asset mix and fund allocation is an important financial decision that affects other management activities. They should be divided in the most optimized way:

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It is essential for the survival and survival of any organization. Profit is generated by various factors such as pricing, competition between companies in the industry, supply and demand mechanism