Six Kenyan-headquartered lenders will battle for continental
awards in a competition hosted by
quarterly banking and finance magazine, the African Banker.
quarterly banking and finance magazine, the African Banker.
Equity Group, Trade and
Development Bank (TDK), KCB Group, Ecobank and Family Bank as well as
fintech operator 4G Capital were among African firms shortlisted in
various categories whose winners will be unveiled on June 11 during a
gala dinner in Malabo, Equatorial Guinea.
Equity
Group’s James Mwangi and TDK’s Admassu Tadesse will fight it out with
three other CEOs for the coveted African Banker of the Year award.
African
Banker publisher and awards committee chair Omar Ben Yedder hailed
continued adoption of information technology by commercial banks, saying
it had enhanced service delivery and facilitated introduction of new
products.
“The banking industry is itself being
disrupted by technology and has embraced this technology to develop
solutions that truly benefit the real economy. Financial inclusion lies
at the heart of formalising our industries and fintech is playing a role
in bringing finance to the masses,” he said.
The
awards are sponsored by The African Guarantee Fund and The Bank of
Industry under patronage of the African Development Bank (AfDB). AfDB
will also hold its annual general meeting during the event at the
Gaviota by the Sofitel Sipopo.
Ecobank, Equity Group and TDK together with three other banks
will fight out for the African Bank of the Year with Ecobank and KCB
Group joining three other banks to scramble for the Best Retail Bank in
Africa award.
The award for Financial Inclusion
category has attracted Kenya’s 4G Capital together with four other banks
while Family Bank and KCB Group are competing with three others for the
Innovation in Banking award.
No comments :
Post a Comment