Here is the List of Best Banks in Kenya According to Think Business

Think Business presented its 14th annual awards for the 2019 Banking Awards.

The awards recognize banks and micro-lenders for outstanding product innovation and services to both retailers and Small and Medium Enterprises.

“Our aim is to draw the attention of the banking public to the performance of the various players in the sector, consequently encouraging competition. The awards are won on a combination of merits, including financial soundness, opinion polls, market research, and professional assessments. The overall winner, The Best Bank in Kenya, is usually the bank with an all-around appeal,” according to Think Business.

Kenya’s second-biggest lender by assets, Equity Group, emerged as the overall best bank at the 2019 Think Business Awards. The bank won in sustainable corporate responsibility, mobile banking, small and medium enterprises (SME) banking, digital banking category and in agriculture and livestock financing.

Most efficient bank award

1. Bank of Baroda
2. Bank of India
3. I&M Bank Ltd

Bank with the lowest charge for individuals

1. Equity Group
2. Standard Chartered
3. ABC Bank Group

Bank with the lowest charge for SMEs

1. Paramount Bank
2. I&M Bank Ltd
3. United Bank for Africa (Kenya)

Bank with the lowest charge overall

1. I&M Bank Ltd
2. ABC Bank Group

Best bank in internet banking

1. Equity Group
2. Citibank Kenya
3. Sidian Bank
4. Guaranty Trust Bank (Kenya)

Best bank in mobile banking

1. Equity Group
2. Citibank Kenya
3. Sidian Bank