Standard Chartered Bank voted best consumer digital bank in Kenya

August 23, 2019 • East Africa, Finance, Top Stories

Standard Chartered Bank voted best consumer digital bank in Kenya

Standard Chartered Bank voted best consumer digital bank in Kenya. (Image source: Kenyan Wallstreet)

Financial journal, Global Finance has named Standard Chartered Bank the Best Consumer Digital Bank in Kenya for 2019. The journal recognised SCB for its information security and fraud management systems under its digital offerings.

Commenting on the Award, Standard Chartered Bank Managing Director and CEO Kariuki Ngari says, “[we will] continue to make strategic and sustainable investments in technology that will complement the innovation agenda, as well as enhance digital offerings and client experiences”.

“At Standard Chartered we have responded to new trends and the evolving needs of Kenyans with a strategic intent of being Digital by Design through innovation and technology. Digitalisation to us means a disruption from traditional and conventional ways of banking to transforming banking business to conform to the lifestyles of our clients. We are glad these efforts have been recognized by our peers”.

Across Africa, the Bank won 8 of the top ten awards for 2019. Here’s a breakdown of their achievements:

  • Standard Chartered Tanzania won the top Mobile Banking App accolade as Standard Chartered Uganda and Standard Chartered Zambia voted the Most Innovative Digital Banks.
  • Standard Chartered Nigeria and Standard Chartered Cote d’Ivoire won the Best Mobile Banking, the Best Integrated Consumer Bank Site, and Best Bill Payment & Presentment, respectively.
  • Standard Chartered Botswana won the Best Online Deposit, Credit and Investment Product Offerings Award.

Responding to the awards, Standard Chartered CEO for Africa & Middle East, Sunil Kaushal says, “the awards are a testament that [our African] digital transformation strategy is paying off. We are proud of the recent launches of fully retail digital banks in Ivory Coast, Kenya, Ghana, Tanzania, Uganda, Botswana, Zambia, and Zimbabwe”.

“Digitising Africa remains at the heart of our business strategy for the region and we are glad that we have been voted the Best Consumer Digital bank in most of the countries we’ve implemented or continue to implement our digital transformation agenda,” adds Kaushal.

Edited by Jenna Cook

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