KCB Group has been declared the best bank in innovation and the best bank in the East African region in the 2019 African Banker awards. The ceremony that was held at a prestigious Gala Dinner in Malabo, Equatorial Guinea, celebrated winners who had been recognised with excellence in banking and finance on the African continent.
The award of the Best in Innovation in Banking was presented to KCB in recognition of its outstanding efforts to incorporate the latest financial technological advancements in order to keep up with emerging customer behaviour trends.
In light of various disruptions within the global financial market, KCB Group has made significant strides in technological innovations so much that it has been awarded the leader in digital and mobile banking technology in numerous occasions. The outright success of KCB Mpesa and Fuliza which are responsible for the transaction of billions of Kenya shillings is clear evidence that the bank is at the forefront of Fintech innovations in the country.
The bank’s solid footprint with the largest branch network (258 branches) in the region with presence in six East African countries has enabled KCB Group to emerge the best bank in the region. The bank has played a key role in supporting the region’s economy by providing the necessary financial muscle for infrastructure projects across the region.
KCB Group CEO, Joshua Oigara said that; “KCB Group is extremely honoured to receive these two prestigious awards which reverberate our commitment to financial excellence which has been entrenched in our culture from the very early days. We at KCB acknowledge and thank everyone, every other institution and banks that keep us working harder, pushing us further with innovation and creativity that allows us to serve with humility.”
The 2019 Africa Banker awards are aimed at recognizing the efforts the financial institutions are making towards improving their financial operation services and implementing strategic core business functions that ensure they are on track towards their immediate business goals.