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Co-operative Bank Wins Top Honors at 2019 EMEA Finance Awards

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 11 December 2019.

Co-operative Bank Wins Top Honors at 2019 EMEA Finance Awards

Co-operative Bank has been recognized as the best bank in Kenya at the prestigious 2019 EMEA Finance Awards, held in London on December 5, 2019.

The bank's head of investor relations, James Kaburu, attributed the win to the lender's business model, which delivers market-leading solutions to its customers.

Co-operative Bank has been on a winning streak, having recently been named the overall winner of the Kenya Bankers Association (KBA) 2019 sustainable finance catalyst award.

The EMEA Finance Awards recognize financial institutions that practice sustainable finance, which has a direct positive impact on the financial sector, the economy, the environment, and society at large.

Co-operative Bank's CEO, Gideon Muriuki, emphasized the bank's commitment to sustainability, stating, 'As a bank that is predominantly-owned by the 15 million-member co-operative movement, we are inclusive by design, which has not only enabled us to deliver shared prosperity today, but also helped us build an awareness and prudence to avoid making decisions that may put future generations in jeopardy.'

Co-operative Bank has also won accolades for its strong credentials in green finance and sustainability practices, including being named the best bank in sustainable finance in Kenya at the 2019 energy management awards and emerging overall winner in environmental sustainability report at the 2019 East African financial reporting (FiRe) awards held in Nairobi.

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