By Ehis Ayere
Few days to the close of voting, Tanzania Women’s Bank (TWB) has taken the lead as the Best Women Supportive Bank in Africa, with programmes, products and services that have significantly empowered and impacted the financial lives of women, providing them with the ability, opportunity, and skill to generate and control their own incomes.
TWB polled 25% of the total votes cast, closely trailed by Bank of Industry Nigeria, with 16.5% of votes cast.
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The Amazons Watch Magazine launched the poll November 17 with the aim of recognizing and promoting the Top 5 Women Supportive Banks in Emerging Economies (Africa); with programmes and services that have significantly empowered women, increasing women’s access to financial services, improving the well-being of women, and bolstering gender equality, with notable impacts, transcending beyond the individual woman level to improvement in the standard of living in the continent.
First Bank Nigeria and Guaranty Trust Bank (GTB) polled 16% of the votes cast to maintain a spot at the third position. Eco Bank Nigeria and Diamond Bank Nigeria are also at a tie in the fourth position with 8.5%, while Lift Above Poverty Organisation (LAPO) has maintained the fifth position with 8%.
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The poll, which is one of the Magazine’s strategic public engagement tools, aimed at engendering healthy competition, peer review and promoting good women supportive financial services, will be organized in four (4) phases across the regions of developing countries, beginning with the African region which is on-going, followed by Asia, Middle-East, and then South-America.
The Amazons Watch Magazine nominated 27 financial institutions for this first phase, targeted at the African region, with the following criteria:
- The financial institution with the best innovative financial products/ services that continuously ease and increase women’s access to finance;
- Institutions that provide platforms for training & financial literacy programs for women;
- Number of women impacted by the organisation’s offerings;
- Gender inclusion in the organisation.
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