The Maisha Microfinance Bank has scooped the coveted Best Microfinance Bank in product innovation during the prestigious Think Business Banking Awards gala held at Mövenpick Hotel in Nairobi.
The win comes in the wake of being named the fastest growing microfinance Bank (Second Runner-Up) in 2018 Think Business Banking Awards.
“In today’s fast-paced business world, we have seen technology and innovation transform banking, however, the race will not be won by merely having the channel, but by differentiating it with unique efficiency,” said the CEO Ireneus Gichana upon receiving the award.
Banking has progressed from over the counter transactions, to brick and mortar branch expansions to the introduction of ATM machines and debit cards.
The advent of Internet Banking and now mobile banking has significantly raised the bar.
Today, almost every bank has a mobile banking app that promises convenience at the touch of a button.
“We have strived to be at the forefront of this digital revolution through designing innovative products that meet our customers’ needs,” explained Gichana.
Among the bank’s virtual products recognised at event include M-Doh, Maisha’s mobile banking platform, and M-Fanisi, a ground-breaking mobile-based bank account available to Airtel Money registered customers across the country.
According to Gichana, Maisha Microfinance Bank’s vision is to empower enterprises and communities for life by providing financial solutions that meet customer needs.
Story by Gregory Matumbai, TUKO Correspondent.
Abandoned by her parents for having Cerebral Palsy – On Tuko TV
Source: Tuko Kenya
Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]