In an era defined by challenges and limitations, Stanbic Bank stands out as a shining example of how the financial sector can be a powerful force for driving sustainable development.
With Dr. Joshua Oigara, CEO of Stanbic Bank Kenya & South Sudan, at the helm, the bank’s dedication to catalyzing positive change is evident through its impactful partnerships, innovative financing models, and a comprehensive focus on key sectors.
As a true catalyst for positive change, Stanbic Bank’s sustainability approach encompasses seven crucial impact areas, including Financial Inclusion, Job Creation and Enterprise Development, Climate Change and Sustainable Finance, Infrastructure, Trade and Investment, Education, and Health.
These areas not only reflect the bank’s unwavering commitment to making a difference but also showcase how it is strategically driving economic growth while addressing pressing societal needs.
In this feature, I delve into the remarkable journey of Stanbic Bank as it emerges as a beacon of progress, demonstrating how financial institutions can create lasting, positive impacts in a world that faces myriad challenges
At the heart of Stanbic Bank’s commitment to positive change lies the DADA by Stanbic proposition, a program aimed at empowering women-led businesses.
This initiative has made a significant impact by providing financial support and technical assistance to an impressive 25,000 women.
By offering these resources, the bank is enabling women to overcome barriers and actively participate in economic activities, thus fostering growth and prosperity.
The DADA by Stanbic proposition’s impact goes beyond individual empowerment; it resonates with the United Nations Sustainable Development Goal (SDG) 5, which advocates for gender equality and the empowerment of women.
Stanbic Bank’s dedication to this goal is evident in its efforts to create a platform that addresses gender disparities and creates opportunities for women to thrive in the business world.
In a world where gender disparities persist, Stanbic Bank’s efforts to empower women through the DADA by Stanbic proposition shine as a beacon of hope and progress
Stanbic Bank’s gender program, particularly the DADA proposition, demonstrates its commitment to making a difference at both the community and national levels.
By enabling women to access financial solutions and providing them with the tools to drive impactful businesses, the bank is actively contributing to gender equality and social progress.
Stanbic Bank under Joshua Oigara is now Kenya’s fastest growing bank
The women who benefit from the DADA program are not only improving their own lives but also inspiring change within their communities, thus creating a ripple effect of empowerment.
Stanbic Bank’s commitment to empowering women and reducing gender inequalities is a testament to its role as a catalyst for change. By offering financial support and technical assistance through the DADA proposition, the bank is facilitating economic growth and promoting inclusive practices.
With 25,000 DADA clients who have been equipped to enhance their businesses, Stanbic Bank’s dedication to financial inclusion and women’s empowerment is clear and impactful.
Robert Ochieng is an investment analyst at Bizna Kenya and is the founder of investment firm Abojani Investments.
