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Access Bank wins ‘most sustainable bank’ award

By on October 25, 2014

Access Bank Plc has emerged the winner of the 2014 World Finance, UK Magazine “Sustainable Bank in Nigeria Award”.

The award recognised the bank’s leadership in the sustainability space in Nigeria and Africa, the bank said in a statement.

The bank has been widely praised for focusing on financial inclusion, providing 30,000 children under the age of nine with banking services, as well as female empowerment, diversity and investment in the local Nigerian community, according to the statement.

Access Bank said its emergence as the winner of the award signalled the growing commitment of Nigerian, and indeed African banks to the adoption of responsible business practice and incorporation of environmental, social and governance considerations into the different facets of their operations.

The Group Managing Director and Chief Executive Officer, Access Bank Plc, Mr. Herbert Wigwe, said, “We are delighted and honoured to receive this prestigious award. We dedicate this award to all financial institutions in the developing and emerging markets, which despite the challenges have chosen to pursue environmental, social and governance best practices.”

According to the statement, World Finance Banking Awards recognise the names that have really spearheaded the transformation and continue to inspire positive change in banking.

This year’s award takes a look at the individuals and organisations that are responsible for banking’s biggest comeback and also helped in changing the shape of the banking industry for the better.

Access Bank said since its inaugural edition in 2005, the World Finance Sustainable Banking Awards had gained an overwhelming acceptance as evidenced by the increase in the total number of entries received and participating institutions and countries yearly.

Arguably, it is one of the most prestigious global banking awards that significantly promotes best practice in triple bottom line banking, the statement said.

 

[Punch]