The institutions are Co-operative Bank of Kenya, Equity Group Holdings, KCB Group and Stanbic Holdings, which were assessed based on their financial performance, growth, resilience and ability to manage risks. Four Kenyan banks have been ranked among the best-performing banks globally in the latest Forbes ranking.The institutions are Co-operative Bank of Kenya, Equity Group Holdings, KCB Group and Stanbic Holdings, which were assessed based on their financial performance, growth, resilience and ability to manage risks.Co-operative Bank of Kenya ranked 120th globally in Forbes' Tier Six category for small banks, placing it among the lenders recognised for their overall financial strength.Equity Group Holdings performed better, ranking 71st in the Tier Five category for lower mid-sized banks, while KCB Group came in at position 79 among Tier Five mid-sized banks.Stanbic Holdings ranked 138th globally in the Tier Six category for small banks.The Forbes assessment goes beyond the size of a bank or its profits, examining how effectively lenders generate returns, sustain growth, maintain financial strength and manage the risks associated with their operations.Profitability accounted for the largest share of the assessment at 30 per cent. The measure considers indicators including returns on assets, the cost of running the bank relative to its income and the strength of its net intere...
This page contains an attributed headline and the preview text supplied through the publisher’s RSS feed. Copyright in the original reporting belongs to Citizen Digital.
