As First Bank wins Best Bank Award, Here are Other Nigerian Banks That Have Won International Recognition in 2018

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As First Bank wins Best Bank Award, Here are Other Nigerian Banks That Have Won International Recognition in 2018

During the weekend, First Bank Nigeria was named “Best Bank – Nigeria” at the 2018 World Best Bank Awards. The Nigerian financial giant thus became the latest Nigerian bank to receive international accolades for its achievements, not just in Nigeria but also on the global banking and financial stage.

Organised by the Global Finance Magazine, the World Best Bank Awards celebrates banking innovations across several tiers and categories. Winners are carefully selected using various criteria which demonstrates how they’ve outperformed their competition and adapted to rapidly changing conditions in the industry.

For First Bank, the award was a huge recognition of its own strides over the last few months. And, even if it is for bragging rights, the win re-emphasizes why it is the biggest bank in the country. Yet, it is not the only institution to have nudged an international recognition this year. Here are other Nigerian banks that have scooped international awards so far in 2018.

Access Bank

Not only has Access Bank been carting home a number of interesting international awards since the start of the year, the laurels have also extended to top members of its staff. In July, the Bank’s CEO, Dr Herbert Wigwe, was awarded the “Sustainable Leader of the Year for Africa” at the 8th Global Sustainable Finance Conference (GSFC), held in Germany.

Also in July, the bank itself won the “Outstanding Business Sustainability Achievement Award” at the Karlsruhe Sustainable Finance Awards 2018. Held in Germany, the award recognises financial institutions and organisations that have recorded outstanding success in incorporating socio-economic and environmental aspects in their corporate strategy and business processes. This is the third consecutive year Access Bank has claimed this prize.

In July, the bank also won “Africa’s Best Bank for Corporate Social Responsibility” award at the Euromoney Award for Excellence 2018. Held in London, this award also recognises Access Bank’s CSR commitments.

Keystone Bank

Keystone Bank may not be a very popular bank in Nigeria but that hasn’t stopped it from gaining international repute. In fact, the bank was awarded “Best Bank In Women Entrepreneurs Empowerment Category” at the 2018 Global Impact Leadership Award held in New York.

Wema Bank

Globally, Wema Bank is being celebrated for its innovations and suaveness in recent times. But its biggest recognition has come due to its ALAT mobile banking app. The all in one digital bank app scored the bank a huge win at the Asian Banker Award. ALAT by Wema Bank won Wema Bank the “Best Digital Bank in Africa” category at the 2018 award ceremony in Singapore.


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