KCB Group has ranked 667 globally in the Banker’s Top 1000 World Banks ranking for 2020.
This is an improvement from position 717 last year in the ranking which tracks the health and wealth of the global banking sector.
KCB was rated number one in Eastern Africa and emerged in the top 10 among African banks in key parameters like liquidity, growth, profitability, operational efficiency and soundness.
The survey analysed close to 2,000 financial institutions globally, based on 2019 full year financial results.
KCB’s improved ranking is linked to the bank’s strong capital base which is well within both internal and regulatory limits, solid business performance and a well-established corporate and retail franchise.
In addition to this recognition, the bank has also been named the Safest Bank in Kenya by Global Finance in the 29th annual World’s Safest Banks rankings.