Co-operative Bank emerged winner in Kenya in the Sustainable Finance Initiative (SFI) Catalyst Awards 2022 hosted by Kenya Bankers Association (KBA).
Equity Bank took the second position, with KWFT Bank taking the third place.
Co-operative bank also led as the most innovative bank and best in financing Commercial clients in Kenya.
Equity Bank topped as the best bank financing Small and Medium Enterprises and the best bank response to the Covid-19 pandemic.
Standard Chartered bank was awarded best in banking operations, while Kenya Women Microfinance Bank (KWFT) was awarded the best bank in promoting gender inclusivity.
KBA Chief Executive Officer Dr. Habil Olaka stated that the SFI Catalyst Awards highlight the banking sector measures in identifying clear performance indicators to promote sustainable finance practices.
“This Year, KBA is proud to post its fourth Catalyst awards and is honored to achieve 43 entries from progressive institutions that are seeking to display their leadership in integrative sustainability practices, in their lending and business operations,” said Olaka.
Also in attendance were the UN Global Compact Network Kenya Chairperson and MD of Sasini Plc Martin Ochieng explained that SFI guidelines which the awards have been anchored, incorporate ethical practices that are reinforced by corporate values, with the tone set by the board level.
