Co-op Bank’s Ongoing Triumph as They Emerge Overall winner at Sustainable Finance Catalyst Awards

The Co-operative Bank has once again asserted its dominance by clinching the Overall Winner title at the prestigious Kenya Bankers Association (KBA) 2023 Sustainable Finance Catalyst Awards.

This recognition is a testament to the bank’s unwavering commitment to excellence in sustainable financial practices.

In an era where the principles of Sustainable Finance play a pivotal role, financial institutions are called upon to balance their pursuit of financial returns with a conscientious consideration of the economy’s future priorities and social-environmental concerns.

Co-operative Bank’s consistent success at the Sustainable Finance Catalyst Awards underscores its dedication to this delicate equilibrium.

Taking to social media, the bank proudly announced its fourth win in six years, stating, “Co-op Bank has once again taken the Overall Winner, Sustainable Finance Catalyst Awards 2023.

These awards, presented by the Kenya Banker’s Association, recognize financial institutions excelling in sustainable financial practices. This marks the 4th time in 6 years that Co-op Bank has taken the award, confirming our commitment to financial sustainability.”

The bank’s triumphant statement, “We carried home everything in the Sustainable Finance Catalyst Awards 2023,” echoes its comprehensive victory and further solidifies its standing as a leader in sustainable finance.

This latest accolade adds to Co-op Bank’s remarkable track record, as it successfully defended its position as the Overall Winner at the KBA Sustainable Finance Catalyst Awards in 2022.

The consistent recognition highlights the bank’s steadfast commitment to sustainable finance practices.

In addition to this notable achievement, Co-op Bank recently received the prestigious Best Financier of SMEs in Africa golden award at the Global SME Finance Awards 2023.

The bank was honored with the Gold Award for SME Financier of the Year in Africa, showcasing its multifaceted contribution to the financial sector.

Gideon Muriuki, Group Managing Director and CEO of Co-op Bank, expressed pride in the achievement, emphasizing that these awards not only enhance the bank’s reputation but also underscore its commitment to fostering the growth of SMEs in Africa.

Muriuki stated, “We are very encouraged by the successful outcomes we continue to see in the marketplace. This award is for Kenyan SMEs too.”

Prior to these accolades, Co-operative Bank of Kenya had already secured the top spot in the customer satisfaction survey conducted by the Kenya Bankers’ Association (KBA), further solidifying its position as a customer-centric financial institution.

The bank was presented with a certificate of recognition for excelling in customer service based on the survey’s findings from over 33,000 customers of KBA member-banks.