KCB Group has been named the Best Bank in SME and Sustainable Finance, an award that highlights its continued efforts to support the SME sector and embed sustainable finance practices in its lending decisions.
The twin awards announced by Finance Derivative recognize the bank’s significant role in promoting entrepreneurship through access to affordable credit, business advisory services, and other resources needed to grow and expand while prioritizing sustainability in its operations.
KCB Group CEO, Mr Paul Russo, said the bank’s agenda to mainstream SMEs is starting to receive recognition. “We are delighted by these awards as they are a recognition of our commitment to creating a positive impact on the society we serve. We remain committed to supporting SMEs, promoting sustainability, and making a difference in the lives of the people we serve,” Mr Russo said.
In October 2022, the bank rolled out a Female-Led and Made Enterprise (FLME) program which is a commitment to disburse KSh250 billion in five years towards unique market segments for businesses owned or run by women.