Equity garnered numerous recognitions at the recently held Euromoney Awards for Excellence 2023, including being recognized as the Best Bank for Corporate Responsibility in Africa (for the second year in a row), Best Bank in Kenya, Best Bank in DRC, Best Bank for SME Banking, Best Bank for Digital Solutions, and Best Bank for CSR in Kenya.
The Euromoney Awards serve as a beacon of excellence in the banking industry, applauding institutions that demonstrate exceptional corporate responsibility practices, ethical conduct, and transformative initiatives in the communities they serve.
The awards cover various categories, including regional and country-specific recognitions, as well as specific areas of banking such as digital solutions, corporate responsibility, and risk management. Financial institutions from around the world compete for these accolades, which serve as a benchmark for success and a testament to their commitment to delivering exceptional services and driving positive change in the financial sector.
Equity Group Foundation’s (EGF) social impact investment programs have significantly improved lives across Africa, with 55,583 scholarships awarded so far, 18,735 scholars have joined university under the Equity Leaders Programme (ELP) with 8,337 benefiting from Equity Bank Paid Internships while 3,454 have joined Technical and Vocational Education and Training (TVET) colleges. 834 of the ELP scholars have been privileged to secure admission on fully funded scholarships at leading global universities including Ivy League universities like Harvard, Yale, Princeton, MIT, Columbia, and Cornell. In addition, through the programs, 2,417,019 Women and Youth have been trained in financial education, 448,169 MSMEs trained in entrepreneurship, 5.31 million individuals have been reached with social protection programs, 3.87 million farmers have been impacted, 22.8 million trees have been planted, 398,060 clean energy products distributed and its healthcare program, Equity Afia, expanded to 87 clinics.
Equity’s dedication to diversity, inclusion, environmental sustainability, ethical business practices, financial performance, strategic vision, risk management, and digital banking strategy contributed to its success at the awards.
Equity’s multiple recognitions at the Euromoney Awards for Excellence 2023 demonstrate its commitment to excellence in banking and corporate responsibility.
With the Africa Recovery and Resilience Plan which is aimed at achieving social and economic transformation of Africa, its twin-engine model, an expanding customer base, an extensive network of branches, ATMs, and agents, and cutting-edge digital banking solutions, Equity remains at the forefront of Africa’s financial transformation.
The Equity Group Managing Director and CEO, Dr. James Mwangi had this to say:
“These prestigious accolades reaffirm our unwavering commitment to transforming lives, giving dignity, and expanding opportunities for wealth creation among our customers and communities across Africa. We are humbled by these recognitions of our achievements in corporate responsibility, financial performance, and strategic growth. Through our innovative digital solutions, extensive branch network, and dedicated employees, we will continue to champion in shaping Africa’s financial landscape and providing exceptional services to our valued customers.”
