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A leading land housing project launched in Ruiru Town, Kiambu County is still on course. The National Co-operatives Housing Union (NACHU) chairman Eng Francis Kamande dispelled claims there were differences on the project progress and assured investors the project is genuine and solid. “We are very sure of our project
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The Co-operative Bank of Kenya has partnered with Thunes, a cross-border payment provider, to launch a global money transfer service dubbed as Co-opRemit. The service will allow real-time money transfers, particularly within Africa, allowing Co-op Bank customers to move funds at affordable rates. The deal will see Co-op Bank customers
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The Co-operative Bank on Monday, December 7, awarded a total of KSh5 million to the top four fintechs in the just concluded Akili Kali Innovation Challenge, Among the four winning fintechs, three are operated by Kenyans while the fourth has some foreign interest. The top four are Chamasoft Ltd, Awamu
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DT Dobie has sealed a strategic financing partnership worth KSh1 Billion that will enable institutions such as schools, churches, universities and fleet owners to purchase or lease Mercedes Benz buses. Customers who qualify for the scheme will have the option to purchase buses with financing of up to 95 per
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Co-operative Bank of Kenya has been named Bank of The Year in Kenya, in the FT Banker 2020 Awards run by London based Financial Times. The bank was recognised for its digitisation strategy plans that have improved efficiency and enhanced digital offerings to its customers. Products such as E-credit and
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* The Co-operative Bank of Kenya has reported Ksh 9.8 billion profit after tax in the 3rd quarter of the year 2020. According to the bank's statistics, this represented a 10% drop compared to the previous year which was Ksh10.9 billion. “The group has taken a 90%
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Many Kenyans take loans to help them move closer to their financial goals. The hectic repayment process, however, sometimes erodes the benefits offered by the loan itself. For whatever reason one might be servicing a loan, it is important to make it as hassle-free as possible. Understanding your loans and
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Co-operative Bank of Kenya has introduced Co-op eCommerce which allows a payment collection solution designed for individuals and organisations who wish to receive online card payments via their Mobile APP or Website. Co-op Bank says: “It powers your platform to receive card payments directly into the organisation’s Co-opBank account,
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Five local fintechs are set to battle it out for a Sh500 million cash prize and an opportunity to integrate and launch their innovation with The Co-operative bank The fintechs have additionally been undergoing a 5-week co-development and co-design program. After This, a virtual demo event will be held to
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Vehicle assembler Isuzu East Africa has delivered 45 Isuzu NQR 33-seater buses worth Sh238 million to Metro Trans PSV Sacco in a vehicle leasing deal with Co-op Bank. This is part of one hundred 33-seater Isuzu buses availed to the PSV sector three months ago in an asset financing deal
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* The Co-operative Bank of Kenya has put on hold its previous plans to venture into new markets such as Uganda, Ethiopia and Rwanda but invest aggressively in the Kenyan market over the next five years. According to the lender which operates in Kenya and South Sudan, it is yet to
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* The Co-operative Bank of Kenya shareholders are poised to be paid Ksh 5.9 Billion in dividends.The figure is same level as 2018's dividend payouts. Following the regulatory guidance by the Capital Markets Authority (CMA), the Co-operative Bank Group approved that shareholders will receive Ksh 1 per