Guardian Bank Wins Top Lending Award in Kenya

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Nyakundi Report

Newsroom 1 min read

Primary source Kenyan Digest archive

This archive report was first published on 1 July 2019.

On July 1, 2019, Guardian Bank was feted as the best commercial lender in Kenya by the International Banker Awards.

The bank's commitment to good corporate governance, asset quality, liquidity management, compliance, capital adequacy, and corporate social responsibility earned it the top spot.

Guardian Bank's Executive Director, Hetul Chandaria, attributed the bank's success to its well-tailored strategies and multifaceted approach to overcoming challenges since its inception in 1996.

The Chandaria family, with extensive investments in paper manufacturing, petroleum, real estate, and banking, founded Guardian Bank in 1992.

Under DMC Group, the family also runs the East African Paper Mills Limited and TransAfrica Paper Mills, among others.

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