Banks invested Sh2.1b in corporate social responsibility

KBA Chair Habil Olaka [Photo, Courtesy]

Kenya’s banking industry invested Sh2.1 Billion in Corporate Social Responsibility (CSR) in 2018 and approximately Sh6.7 Billion over the past three years, according to the 2019 Kenya Banking Industry Shared Value Report released today by the Kenya Bankers Association (KBA).

Education ranks first as the top social investment area for banks, followed by health and environment. Overall, banks have donated in excess of Sh9 Billion since 2015 in CSR activities, which has contributed greatly to Kenya’s realization of the Sustainable Development Goals (SDGs).