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Co-op Bank retains overall title at Sustainable Finance Catalyst Awards

November 15, 2023
in Business, News
Reading Time: 1 min read
Co-op Bank retains overall title at Sustainable Finance Catalyst Awards
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Kenyan banking and financial sector players were on Wednesday recognized for their outstanding commitment to sustainable financial initiatives. This was during the 7th edition of the Sustainable Finance Catalyst Awards, convened by the Kenya Bankers Association (KBA), which highlighted the industry’s dedication to creating lasting value for clients, firms, the economy and the environment.

Co-operative Bank of Kenya retained the overall title, having won it in 2022, for demonstrating outstanding commitment to sustainable financing, with Equity Bank Kenya, and Absa Bank Kenya coming in second and third.

In the category of Best in Sustainable Finance, Absa Bank Kenya emerged as the leader, followed by KCB Bank Kenya and Co-operative Bank of Kenya. These institutions were recognized for excelling in implementing sustainable financial strategies that not only benefit their clients but also contribute to the overall well-being of the economy.

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Recognizing excellence in supporting Micro, Small, and Medium Enterprises (MSMEs), Equity Bank Kenya, Co-operative Bank of Kenya, and Kenya Women Microfinance Bank secured the top positions and were recognized for their efforts that have significantly contributed to the growth and sustainability of MSMEs in the country.

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