The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Bank's Special General Meeting resolved to incorporate under the Companies Act with a view to complying with the requirements for listing on the Nairobi Securities Exchange (NSE). The Bank went public and was listed on December 22nd 2008. Shares previously held by the 3,805 Co-operatives Societies and unions were ring-fenced under CoopHoldings Co-operative Society Limited which became the strategic investor in the Bank with a 64.56% stake. The Bank runs three subsidiary companies, namely: Kingdom Securities Limited, a stockbroking firm with the bank holding a controlling 60% stake; Co-opTrust Investment Services Limited, the fund management subsidiary wholly-owned by the bank; and Co-op Consultancy & Insurance Agency Limited (CCIA), the corporate finance, financial advisory and capacity-building subsidiary wholly-owned by the bank. Vision To be the leading and dominant Kenyan bank with a strong countrywide presence, playing a central role in the Co-operative movement and providing relevant and innovative financial services to our customers for the optimum benefit of all our stakeholders. Mission To offer value-added financial services to our chosen market segments with special emphasis on the Co-operative movement through a highly effective network of service points, excellent customer service and a highly motivated team of qualified personnel.
View Top Employees from Co-operative Bank of KenyaWebsite | https://www.co-opbank.co.ke/ |
Ticker | COOP |
Revenue | $552 million |
Funding | $105 million |
Employees | 3,719 (2,774 on RocketReach) |
Founded | 1965 |
Address | PO Box 48231, Nairobi 00100, KE |
Phone | +254 20 3276000 |
Fax | +254 20 219831 |
Technologies |
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Industry | Financial Services, Finance General, Finance |
Web Rank | 250961 |
Web Visits | 258660 |
Keywords | Bank, Cooperative Bank, Fund Management, Investment Services, Stock Broking Services, Corporate Finance, Innovative Financial Products |
Competitors | Family Bank Ltd, I&M Bank Uganda, KCB Bank Group, National Bank of Kenya, Pesapal |
SIC | SIC Code 60 Companies, SIC Code 602 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 5221 Companies, NAICS Code 52211 Companies, NAICS Code 522110 Companies, NAICS Code 522 Companies |
Looking for a particular Co-operative Bank of Kenya employee's phone or email?
The Co-operative Bank of Kenya annual revenue was $552 million in 2024.
Samuel Birech is the COO of Co-operative Bank of Kenya.
2,774 people are employed at Co-operative Bank of Kenya.
The NAICS codes for Co-operative Bank of Kenya are [52, 5221, 52211, 522110, 522].
The SIC codes for Co-operative Bank of Kenya are [60, 602].