BOI wins African Banker Awards prize for Financial Inclusion

Business News

By Franklin Alli

 

The Bank of Industry, Nigeria has been announced the winner for ” Financial Inclusion ” category, at the 2019 edition of the African Banker Awards.

The Awards took place yesterday in Malabo, Equatorial Guinea, on the sidelines of the African Development Bank Annual Meetings.

The Awards, held annually on the fringes of the Annual Meetings of the African Development Bank, have established themselves as the Oscars of African banking.

In other categories, Ecobank won Retail Bank of the year; Kenya’s KCB won the prize for innovation and Equity Bank for its CSR activities. Nigeria’s Bank of Industry won the prize for Financial Inclusion.

Commenting on the impressive achievements of the banks shortlisted for the 2019 awards, Omar Ben Yedder, Publisher of African Banker said:

“We’ve been following the work of the financial services industry for many years.

The sector over the years has seen great returns, and 2018 was another strong year for banks. Undoubtedly FinTech was the most buoyant sector in terms of tech investments and we are yet to truly see the transformative impact it can have.

Despite the positive stories from the banking sector, the words of the winner of our Banker of the Year still resonate when he said last year at the Africa Investment Forum: we need to speed up, scale up and synergise. ”

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