Businesses & Financial News

Credit Bank Recognized for clean energy Contribution

Photo Caption: On the left is John Mwika Head of Treasury and Monica Chege (centre) - Senior Marketing and Communications Manager receiving the awards during the event. This is the Third year in a row that Credit Bank was awarded 1st runners up in the banking and finance sector at the 17TH Energy awards by KAM.

Eunice Wawuda

Kenya’s Credit Bank plc has been recognized for its contribution to Sustainable Financing in Kenya at the 17th Energy Management Awards organized by the Kenya Association of Manufacturers.

The bank was awarded the 1st runners up in the banking finance sector as a testament to its outstanding achievement towards stimulating real and sustainable economic development through the application of best practices in policy, governance, and sustainable financing.

The awards encourages a culture of energy efficiency and conservation, as well as recognize enterprises that have made major and sustainable gains in energy efficiency through the application of modern energy management principles and practices, and in the process made significant energy and cost reductions.

“This award reflects the aspirations and commitment that the bank has made to continuously evolve and grow not only with its clients but also in recognition of energy efficiency and conservation efforts in the country,” said Credit’s Chief executive Betty Korir.

In 2020, the bank provided support amounting to Ksh. 2.5bn to businesses in the Energy sector, Agriculture, Health, and Manufacturing, contributing directly to the country’s economic development and supporting the Big 4 agenda.

This latest award marks the third year in a row that the bank has been awarded in the Banking and Finance Sector, KAM Energy Awards.

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