KCB Group named best regional bank in East Africa

May 26, 2017
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KCB Foundation Executive Director Jane Mwangi (right) poses with the trophy for the Best Regional Bank in East Africa award won by KCB Bank during African Banker Awards 2017 in Ahmedabad, India

, NAIROBI, Kenya, May 26 – KCB Bank has been named the Best Regional Bank in East Africa at the just concluded African Banker Awards 2017 in Ahmedabad, India.

The Bank emerged the best in the category in recognition of its contribution in providing financial services in the larger East African region.

During the same awards, KCB was nominated in the category of the most Socially Responsible Bank of the Year through KCB Foundation, recognizing the bank’s reputation of improving the lives of the less advantaged in society. Other nominations that the Bank received include; Best Retail Bank, and the African Banker of the year

Other nominations that the Bank received include; Best Retail Bank, and the African Banker of the year where the Group CEO and MD Joshua Oigara was nominated.

Mr. Oigara said the recognition signaled the Bank’s consistent growth that has been underpinned by KCB’s ability to deliver value to its stakeholders, anchored on a keen interest to deliver shared value through sustainable banking practices.

“This award recognizes the effort we have put in and we are continuing to do to increase the number of the unbanked and integrating new technologies into the system to ensure safe and easy transactions throughout the East Africa Region,” said Oigara in reference to the accolades by the African Banker.

“KCB defines her stakeholders as those who are impacted and are affected by our business. Through them and the diverse business models we have, we are able to create an environment where we can all prosper in a sustainable manner,” he added.

The Best Regional Bank award, organisers said, is presented to a bank that in its capacity, has been able to provide new services, adopting inclusiveness by bringing the unbanked into the banking space while making use of new technologies and contributing to a stronger financial sector.

The African Banker Awards came just a week after KCB was feted by the Banker Africa Magazine with the Best Commercial Bank in Kenya and the Best Commercial Bank in East Africa at the Banker Africa East Africa awards 2017.

KCB’s business is largely in Kenya, but with regional operations in other East African Community counties (Tanzania Burundi, Uganda, and Rwanda) as well as in South Sudan and Ethiopia.

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