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Questions and Answers
What inspired Equity Bank's expansion into health care?
What inspired Equity Bank's expansion into health care?
- The goal to reduce defaults on bank loans (correct)
- The need to diversify its commercial interests
- The opportunity to enter an adjacent industry sector
- The desire to provide medical scholarships to students
How did Equity Bank support its medical graduates?
How did Equity Bank support its medical graduates?
- By empowering them as entrepreneur doctors and helping them start clinics (correct)
- By providing them with scholarships
- By offering them banking services
- By providing them with technology training
What is the significance of entering adjacent industry sectors for businesses in Africa?
What is the significance of entering adjacent industry sectors for businesses in Africa?
- It is a risky strategy with low success rates
- It limits business growth opportunities
- It leads to a decrease in shareholder value
- It provides a more efficient way to address persistent challenges (correct)
What do companies like Tolaram, Equity Bank, and M-Kopa provide as examples?
What do companies like Tolaram, Equity Bank, and M-Kopa provide as examples?
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How did Equity Bank help address the health challenge in Kenyan society?
How did Equity Bank help address the health challenge in Kenyan society?
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