Six Kenyan Banks To Battle it Out for the Continental Award

By Sharon Chweya

Six Kenyan banks; KCB Group, Equity Group, Ecobank, Trade and Development Bank (TDK), Family Bank and Fintech operator 4G Capital are among the African firms shortlisted for various categories during the African Banker Award.

The different categories for the competition highlight the achievements of companies and individual that contribute to the transformation and development of Africa’s financial sector.

Equity Group’s CEO James Mwangi, TDK’s Admassu Tadesse will battle it out with three other Chief Executive Officers for the much coveted African Banker of the Year award.

The TDK and Equity Group Holdings are among the Kenyan firms nominated for the African Banker of the Year as Attijariwafa Bank, Afrexim Bank, Ecobank, Equity Group, Mauritius commercial and TDB were nominated for African Bank of the Year.

Coris, Ecobank, Guarantee Trust Bank, KCB, and QNB Alahli were nominated for the best retail bank in Africa. 4G Capital from Kenya was nominated for Financial Inclusion as Equity and KCB nominated for the Socially Responsible Bank of the Year.

Family Bank and KCB were nominated for Innovation in Banking. No Kenyan bank was nominated for Investment Bank for the Year, Deal of the Year (Equity and Debt)  and Infrastructure Deal of the Year.

The African Banker Awards, hosted by the Quarterly Banking and Finance magazine, are designed to recognize reforms, rapid modernization, consolidation, integration, and expansion of Africa’s banking and financial system. The most prestigious event in Africa’s banking and finance sector is held under the High Patronage of the African Development Bank.

The annual event, the African Banker Awards, takes place during the annual meeting of the African Development Bank where it highlights the achievements of companies and individuals that contribute to the transformation and development of Africa’s financial sector.