Kenya: Equity named best bank in Kenya by Think Business
Nairobi – Equity Bank Kenya received 22 accolades at Think Business’s 2021 Banking Awards, further consolidating the bank’s position as Kenya’s premier bank.
For the 10th year in a row, Equity has been ranked the best overall bank in Kenya and the best bank for sustainable CSR for the 5th year in a row.
The Bank also won first position in 10 other categories, including Best Tier 1 Bank, Best Bank in Trade Finance, Best Bank in Agriculture and Livestock Finance, Best Bank in Finance ‘assets, the best bank in mobile banking, the best bank in product innovation, the best bank in bank branch, best bank in Internet Banking, best commercial bank in microfinance and bank with the lowest fees for individuals.
Equity won first place in 4 categories, including Best Bank in SME Banking, Best Bank to Borrow from, Best Bank in Mortgage Finance, and Judges’ Special Award for Product Innovation for the Kenya Cereal Enhancement Program Climate Resilient Agricultural Livelihoods Window (KCEP-CRAL), mobile electronic voucher program targeting smallholder farmers and agricultural dealers.
In addition, Equity took third place in the Best Retail Bank, Best Bank in Digital Banking and Most Customer-Centric Bank award categories, thus strengthening the brand’s positioning as a human-centric digital bank and bank for all, regardless of the industry or segment in which they are located. in.
In the leadership categories, Equity Group Managing Director and CEO Dr James Mwangi was named CEO of the Year for his contribution to financial inclusion, for leading the dynamism of the banking industry in the region and for its role in promoting corporate social investment in the various communities that Equity operates in. Dr Mwangi has been named CEO of the Year for 5 years now since 2017.
Edwin Kiburu, who serves as Technical Product Manager in charge of Lifestyle Payments, also won the Outstanding Young Banker Award, marking the third year that Equity has won the award. A testament that Equity is passionate about professional youth empowerment, leadership development and mentoring.
While receiving the awards in a virtual ceremony, Equity Bank Kenya Managing Director Gerald Warui commented on the victory, saying: “Recognition by the Think Business Banking Awards has strengthened our position in the market as a bank that customers have trusted, a bank that listens and cares about customers, a bank that enables businesses to grow and prosper, a progressive bank that offers digital self-service solutions and a responsive bank market and customer needs. “
Gerald added that Equity remains committed to investing in innovation, processes, systems and people to lead the progress, dynamism and digitization of the banking sector for a better Kenya and Africa as a whole.
“We are strong supporters of the shared prosperity model and continue to leverage our business infrastructure to deliver social impact programs delivered through the Equity Group Foundation (EGF). The Wings to Fly program and the Elimu scholarship program have continued to impact young people who excel in their academic pursuits while also demonstrating leadership abilities. Other impactful programs aligned with our social impact thematic areas include Equity Afia, EGF’s medical franchise, 35 Million Tree Tree Planting Initiative, Financial Education and Entrepreneurship, among other. Mr. Warui added.
The Banking Awards by Think Business, organized for 16 years, are organized by Think Business Limited, a strategic research and competitive intelligence company specializing in the financial sector. The main objective of the Awards is to encourage innovation, prudence and stability in the banking sector by recognizing, rewarding and celebrating exemplary performance.
Commenting on Equity’s victory, Ochieng Oloo, CEO of Think Business, said, “By showcasing the best players in the industry, we aim to provide the banking public with an opportunity to make informed banking decisions. industry players submit nominations for consideration. “