Tag: Co-operative Bank
Co-op Bank Emerges Best SME Lender At Global Finance Awards
The lender won the Gold Award for the SME Financier Of The Year in Africa ahead of NMB of Tanzania, which got Silver Award and Kenya’s Equity Bank, which came third with a Platinum Award.
DEG Consortium Gives Co-op Bank 100-Million-Dollar Confidence Vote
Co-operative Bank of Kenya has received a seven-year long-term funding facility of Ksh14 billion (100 million US Dollars) from a DEG consortium of financial institutions led for onward lending.
Affordable Mortgage Opens Doors For Ordinary Kenyans To Own Homes
This mortgage with 9.9% interest rate is way below the market average of 14%, which makes Co-op Bank home loans very attractive especially to first home buyers.
Co-op Bank Net Profit For Q1 2023 Grows To Sh6.1B
The Co-operative Bank of Kenya recorded a 5.2% growth in its profit after tax to Ksh6.1 billion in first quarter of 2023, from Ksh5.8 billion the previous year
Co-op Bank Profit For 2022 Hits Sh29.4B, Dividend Up 50%
Co-operative Bank Group has reported a profit before tax of Ksh29.4 billion for the full year 2022, a 30% growth from Ksh22.6 billion in 2021.
Manage Children’s Pocket Money Using Co-op Prepaid Card
Co-op Bank introduced the Co-op Prepaid Card, which students can use to shop at the school canteen.