The Co-operative Bank has been named ‘best bank in Kenya’ at this year’s African Banking Awards 2020 organised by EMEA Finance. During this year’s awards, 78 commercial and investment banks across the continent were recognized with other local banks being Stanbic Bank Kenya (best investment bank) and EFG Hermes Kenya (best broker). Co-op was also named Overall Winner of the Kenya Bankers Association (KBA) 2019 Sustainable Finance Catalyst Award. The bank was also named Best Bank in Sustainable Finance in Kenya at the June 2019 Energy Management Awards hosted by the Kenya Association of Manufacturers and also feted as Overall Winner in Environmental Sustainability Reporting at the 2019 East African Financial Reporting (FiRe) Awards. According to EMEA Finance, this year has presented “complex challenges and difficult operating environments the likes that have not been seen for many decades”, as Covid-19 continues to ravage economies.

Source: The Star October 21, 2020 00:56 UTC