List of the Kenya Bankers Association Catalyst Awards 2024 Winners

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The Kenya Bankers Association Catalyst Awards 2024 celebrated Kenya’s leading financial institutions for their outstanding contributions to sustainable development, innovation, and inclusivity.

Held annually, the awards recognize efforts in aligning business goals with the country’s economic, social, and environmental priorities.

In March 2015, Kenya’s banking industry adopted the Sustainable Finance Initiative (SFI) Guiding Principles to guide financial institutions in balancing business objectives with socio-environmental concerns and development priorities.

These principles, officially launched by Central Bank Governor Dr. Patrick Njoroge on December 1, 2015, are anchored on three main priorities: equipping the financial services sector to perform optimally in the area of comprehensive risk management; enhancing business practice, leadership and governance; and promoting industry growth and development by fostering a culture of innovation and inclusivity enabled by new technology.

The SFI Principles harmonize global best practices such as the Equator Principles, IFC Performance Standards, UNEP-FI Guidelines, ISO 26000:2010, and Kenya’s National Climate Change Policy.

These guidelines have become the foundation for recognizing financial sector players through the Kenya Bankers Association Catalyst Awards, first established in 2016.

The top-performing banking institutions at the Kenya Bankers Association Catalyst Awards 2024 were:

Co-operative Bank of Kenya: Overall Winner

1st Place Overall Winner
1st Place: Best Client Case Study – Commercial
1st Place: Best Case Study – Retail MSME
2nd Place: Best Bank Case Study – Bank Operations
3rd Place: Best Client Case Study – Promoting Gender Inclusivity

KCB Bank Group: 2nd Place Overall Winner

2nd Place Overall Winner
1st Place: Best in Sustainable Finance
2nd Place: Best Client Case Study – Commercial
1st Place: Best Client Case Study – Promoting Gender Inclusivity
1st Place: Best Bank Case Study – Promoting PWD Accessibility

Absa Bank Kenya: 3rd Place Overall Winner

2nd Place: Best in Sustainable Finance
1st Place (Tie): Most Innovative Bank
2nd Place (Tie): Best Bank Case Study – Promoting PWD Accessibility

Diamond Trust Bank (DTB): Excellence in Operations

1st Place: Best Bank Case Study – Bank Operations

NCBA Group: Advancing Sustainable Finance

3rd Place: Best in Sustainable Finance

Specialized Recognitions

Stanbic Bank Kenya: 3rd Place: Best Client Case Study – Commercial
DIB Bank Kenya Ltd: 3rd Place: Best Bank Case Study – Promoting PWD Accessibility
KWFT Bank: 2nd Place: Best Client Case Study – Promoting Gender Inclusivity
Sidian Bank Limited: 3rd Place: Best Case Study – Retail MSME
National Bank of Kenya: 2nd Place: Best Case Study – Retail MSME
I&M Bank Ltd:
- 3rd Place: Best Bank Case Study – Bank Operations
- 3rd Place: Most Innovative Bank
Equity Bank Limited: 2nd Place: Most Innovative Bank