The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.


Awards of Excellence

African regional awards

Best Bank: Equity Bank 

Along with the invasion from Asia, there is another trend in African banking: reaching out to those who don’t have bank accounts. They go by the rather unglamorous title of ‘unbanked’. Everyone is paying lip service to this idea. In Kenya, though, Equity Bank has ventured into smaller areas and aggressively gone into lending to the retail sector. It is beginning to make decent profits from this business. And because of its efforts a lot of the bigger banks are now looking at banking (in particular retail banking) differently and therefore there has been a lot of product development and branch expansion in an attempt to expand into the retail banking segment. Barclays Bank of Kenya, which is listed on the Nairobi stock exchange, also had a good year, as did Stanbic Bank Kenya, part of Standard Bank.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree