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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.
Diamond Trust Bank (DTB) is a leading tier-one East African commercial banking franchise operating in Kenya, Tanzania, Uganda and Burundi. The Bank is an affiliate of the Aga Khan Development Network (AKDN) and is listed on the Nairobi Securities Exchange (NSE).
With a rich history spanning over 78 years, DTB has continuously evolved to meet the dynamic needs of its diverse clientele, offering a wide range of banking and insurance solutions for the retail, SME and corporate banking customer segments. At the core of DTB's operations is an unwavering commitment to innovation and customer-centricity, complemented by an extensive 155-plus branch network and robust digital platforms seamlessly integrated across the region.
DTB's reputation as an award-winning financial services provider stems from its relentless pursuit of excellence in customer experience. By leveraging cutting-edge technology and best practices, DTB continues to set new benchmarks in the industry, ensuring that every interaction with the bank is not just transactional but transformative.
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