Co-operative Bank of Kenya, Equity Group Holdings, KCB Group and Stanbic Holdings were included in the ranking of 500 banks from 89 countries, published on Wednesday by Forbes
Kenya’s financial sector is increasingly using Artificial Intelligence, alternative data and cloud computing to change how credit is assessed and provided.
Two local lenders have been feted in different categories at the recently held 2026 Euromoney Awards for Excellence.
Ruto regretted that Africa was not at the table when some of the financial and governance institutions were set up after the Second World War in 1945.
They say the 20 per cent cash or near-cash liquidity ratio threshold under the Microfinance Act and reporting standards has affected their cash flows.