NAIROBI, Kenya- Equity Group has once again proven its mettle on the global stage, clinching four prestigious accolades at the 2024 Euromoney Awards in London.
The bank’s remarkable achievements include being named the Best Bank for Corporate Responsibility in Africa, the Best Bank for Corporate Responsibility in Kenya, the Best Bank for SMEs in Kenya, and the Overall Best Bank in Kenya.
Notably, this is the second consecutive year that Equity has taken home these honors, solidifying its position as a leader in the banking sector.
Equity’s dominance in these awards is a testament to its unwavering commitment to corporate responsibility and its impactful support for small and medium-sized enterprises (SMEs) in Kenya.
The bank’s extensive CSR initiatives, spearheaded by the Equity Group Foundation (EGF), have made significant strides in areas such as education, healthcare, environmental sustainability, social protection, and financial inclusion.
Euromoney, known for its rigorous evaluation process, recognized Equity’s efforts to integrate ethical conduct and transformative community initiatives into its business model.
The accolades, particularly the recognition as the Best Bank for Corporate Responsibility in Africa, highlight the bank’s far-reaching impact across the continent.
Through programs like the ‘Young Africa Works Programme,’ EGF has provided financial education to 2.47 million women and youth, supported 570,006 MSMEs with financial training, and financed 305,771 MSMEs, driving economic empowerment at the grassroots level.
Equity’s commitment to education and leadership is another cornerstone of its success. The EGF’s flagship programs, ‘Wings to Fly’ and ‘Elimu Scholarships,’ have transformed the lives of 60,009 secondary school students by providing them with much-needed scholarships.
Moreover, the Equity Leadership Programme has enrolled over 23,825 university scholars, including 980 global university scholars, with an impressive 218 gaining admission to Ivy League institutions.
The foundation has also supported 3,577 students in Technical and Vocational Education and Training (TVET) programs, further expanding access to quality education.
Commenting on the awards, Equity Group Managing Director and CEO, James Mwangi, expressed his deep honor and pride.
“These awards are a validation of our commitment to social impact investment,” Mwangi stated.
He emphasized that the bank’s success is deeply rooted in its dedication to creating positive change in society, reinforcing Equity’s mission to empower communities through sustainable banking practices.
