Best Banks In Kenya: 2019 Think Business Banking Awards

Think Business Limited Unit presented its 14th annual awards for the 2019 Banking Awards. The awards recognises 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 re-search 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 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

Fastest growing microfinance bank

1. Century Microfinance Bank

Best microfinance bank in agriculture and livestock financing

1. Sumac Microfinance Bank
2. Faulu Kenya

Best microfinance bank in product innovation

1. Maisha MF Bank
2. Rafiki Bank
3. SMEP Microfinance Bank

Best bank in digital banking

1. Equity Group

Best bank in sustainable CSR

1. Equity Group
2. Barclays Bank of Kenya
3. Credit Bank PLC

Best Commercial Bank in Microfinance

1. Equity Group

Best bank in corporate banking

1. Citibank Kenya
2. Barclays Bank of Kenya
3. Equity Group

Best in retail banking

1. Diamond Trust Bank Group
2. Equity Group

Best bank in trade financing

1. Stanbic Bank Kenya
2. Equity Group
3. Citi Bank of Kenya

Best bank in agriculture and livestock financing

1. Equity Group
2. Transnational Bank

Best bank in asset finance

1. Barclays Bank of Kenya
2. Diamond Trust Bank Group

Best bank in Islamic banking

1. Gulf African Bank

Best bank in mortgage finance

1. Stanbic Bank Kenya
2. Equity Group
3. Barclays Bank of Kenya

Best bank in SME banking

1. Equity Group
2. Diamond Trust Bank Group
3. Credit Bank PLC

Best bank in product marketing

1. Equity Group
2. Barclays Bank of Kenya
3. Faulu Kenya

Best bank in product innovation

1. Diamond Trust Bank Group

Best bank in agency banking

1. Equity Group
2. Diamond Trust Bank Group

Overall best microfinance bank

1. Faulu Kenya

Lifetime achievement award in banking

1. Rose Kimani, FauluKenya

Outstanding young banker of the year

1. Alex Muriu, Barclays Bank digital marketing manager

Corporate banker of the year

1. Dr. James Agin, Barclays Bank of Kenya corporate banking director Chief Executive Officer of the year

Best bank in tier four

1. Transnational Bank

Best bank in tier three

1. Credit Bank PLC

Best bank in tier two

1. Bank of Baroda

Best bank in tier one

1. Equity Group