- ABSA Bank Kenya has been certified as a top employer in Kenya and Africa
- Being certified as a Top Employer showcases an organisation’s dedication to a better world of work and exhibits this through excellent HR policies and people practices
- The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey
ABSA Kenya has been certified as a top employer in Kenya and Africa in 2022 by the Top Employers Institute.
According to the Institute, being certified as a Top Employer showcases an organisation’s dedication to a better world of work and exhibits this through excellent HR policies and people practices.
The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey. The survey covers 6 HR domains comprising 20 topics, including People Strategy, Work Environment, Talent Acquisition, Learning, Well-being and Diversity & Inclusion and more.
ABSA Kenya Managing Director Jeremy Awori said the achievement places ABSA Kenya amongst a prestigious group of companies that are globally recognised for excellence in supporting employee growth and innovation.
“It is a great testament that our strategy on transforming our workplace and evolving our ways of working is sound, and underlines one of our core values at ABSA, which is that ‘Our People are our Strength’.
We recognise the critical role our colleagues play in ensuring that our customers enjoy a great banking experience from us, and we are committed to creating a working environment that allows them to thrive.”
Top Employers Institute CEO David Plink said the recognition reflects the demanding year that has, like the year before it, affected organisations across the world, ABSA Kenya has continued to show that it prioritises maintaining excellent people practices in the workplace.
“They continue to meet the challenges of the changing world of work while working tirelessly to make a positive impact on the lives of their workforce. We are pleased to celebrate and applaud the organisations that have been certified as Top Employers in their respective countries this year.”
Standard Chartered Bank Bags the World’s Best Trade Finance Provider in Kenya
In a related story, Standard Chartered Bank has scooped the 2022 Best Trade Finance Provider in Kenya award for its trade innovation in product capabilities and stellar focus on client-centricity.
The bank was awarded for first-class services and products that aptly addressed key client challenges brought about by the pandemic.
The editorial review board of Global Finance selected the best trade finance providers based on entries from banks and other providers, as well as input from industry analysts, corporate executives, and technology experts. Criteria for choosing the winners included transaction volumes, global coverage, customer service, competitive pricing, and innovative technologies.
Makabelo Malumane, Head of Transaction Banking, Kenya & East Africa at Standard Chartered Bank said, “This award from a recognised Financial Industry player is a testament to the Trade and Working Capital capabilities that we offer our clients and the impact this has on their businesses and the underlying economy at large.”
“Through innovative trade solutions coupled with a customer-centric approach, we have customised and structured our solutions to support our clients even during the height of the pandemic, taking into consideration the various unique and sophisticated requirements that emerged during this period. We continue to be relentless in our efforts to support our clients as they re-ignite growth within their operations and as they focus on building long-term sustainable business models.”
The bank continues to leverage its strong network capabilities to facilitate business and seamless transactions for clients’ cross-border payments, trade, investment and development needs of Africa, Asia and the Middle East.
This is anchored by the digital strategy which saw their robust online banking platform Straight2Bank being upgraded to provide overall banking services, including trade finance with best-in-class functionality and an overall improved user experience.
“In enhancing client experience and process simplification, we are leveraging our digital capabilities on our enhanced flagship Straight2Bank online banking platform to truly make Standard Chartered Bank easy to bank with,” added Makabelo.
Standard Chartered’s Trade and Working Capital offering and capabilities include documentary and flow trade, trade Loans, supply chain financing solutions, receivables services, structured trade solutions and Straight2Bank Nextgen for Trade.
The Bank’s innovative and practical approach to Supply Chain Finance under the banner of “Banking the Ecosystem” has also enabled the bank to support Small and Medium Enterprises clients with a full suite of Trade Finance propositions to meet their evolving business needs.