KCB named best investment, most valuable bank in Kenya

KCB net profit up 131% to Ksh.25.2 billion

Kenya Commercial Bank (KCB) has been named the Best Investment Bank in Kenya in 2022.

The Global Finance Magazine also named the lender as the most Valued Banking Brand in the country.

The recognition comes against the backdrop of economic headwinds caused by the coronavirus pandemic, where according to GFM, KCB put in place efforts to help Micro Small and Medium Enterprises (MSMEs) get back on their feet and offered relief to customers.

“In the past year, we have continued to put in effort into different sectors to help revamp the economy that was greatly affected by the pandemic. We have invested in our societies through different initiatives such as our 2jiajiri and, Mifugo ni Mali programme. We are grateful that our efforts are been recognized,” said KCB Group and Chief Executive, Joshua Oigara.

The Bank is continuously investing in mobile and internet banking as a move towards safer, easier, and secure way of transacting.

“We have been able to expand our brand value by capitalizing on regional expansion into the East African market. We continue to invest in different programmes that stand to boost the economy of these regions which in the long run improves our brand value.”

Global Finance Magazine is a U.S.A based company that acknowledges and awards institutions in the finance sector for their efforts and contributions in different fields while Brand Finance is the world’s leading brand valuation consultancy based in London.  

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Lawrence Baraza is a prolific writer with competencies in Digital Media, Print, and Broadcast. Baraza is also a Communication Practitioner currently spearheading Digital content on Metropol TV's Digital Desk.

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