This archive report was first published on 31 August 2019.
The Kenya Bankers Association (KBA) has announced the launch of the 2019 Catalyst Awards, which aim to recognize institutions that have successfully incorporated sustainable finance practices in their operations.
According to the KBA, the awards will be slightly different from previous years, focusing on institutions that have implemented sustainable finance practices, which have a direct impact on the economy.
Entries for the awards are now open and will be accepted from members of the KBA, non-KBA banks, mobile network operators offering financial services, and other financial institutions until September 10, 2019.
The awards ceremony is scheduled to take place in November 2019.
The Kenya banking industry adopted the Sustainable Finance Initiative (SFI) Guiding Principles in March 2015, which aim to balance business goals with economic development priorities and socio-environmental concerns.
The SFI principles prioritize comprehensive risk management, innovation, and improved business practices.
The Catalyst Awards are expected to attract clients and partners, contributing to further business success.
Published on August 31, 2019.
