This archive report was first published on 8 July 2019.
On July 8, 2019, Equity Bank made history by being named the most socially responsible bank in Africa at the African Banker Awards 2019.
The prestigious award is a testament to Equity's commitment to social and environmental leadership on the continent.
Equity's initiatives, steered through the Equity Group Foundation (EGF), have positively impacted communities across five thematic areas: education and leadership development, entrepreneurship and financial education, health, agriculture and agribusiness, and energy and environment.
Through EGF, the bank has implemented successful programs, including the Wings to Fly program, which improved secondary school education access for 16,168 students, and the Financial Literacy training that has benefited over 1.7 million citizens.
Additionally, more than 400,000 households have benefitted from 84,708 clean energy products, and 638,522 peasant farmers have been transformed to agribusiness entrepreneurs.
Equity was shortlisted alongside Access Bank (Nigeria), Bank Misr (Egypt), KCB (Kenya), and Qalaa Holdings (Egypt) in the Socially Responsible Bank category.
Commenting on the impressive achievements of the banks shortlisted for the 2019 awards, Omar Ben Yedder, Publisher of African Banker, said: “We’ve been following the work of the financial services industry for many years. The sector over the years has seen great returns, and 2018 was another strong year for banks.”