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Co-operative Bank of Kenya has signed a Sh500 million financing deal with leading fertiliser Company Yara East Africa Limited. This is aimed at facilitating Yara fertiliser distributors across the country with a dedicated kitty to support them purchase and restock their outlets. The Distributor Finance Scheme launched on Tuesday is
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* The Co-operative Bank has for the fifth year running, renewed the special Motor Vehicle Purchase Schemes established with major motor vehicle dealers, Isuzu East Africa Ltd and the Simba Corporation Group. The initiative is aimed at enabling Micro, Small and Medium Enterprises (MSMEs) to acquire vehicles they need at highly
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The Co-operative Bank of Kenya has emerged top in franchise ranking among all banks in Kenya during Q 2020, according to the latest banking report by Cytonn. This is due to high-efficiency levels as evidenced by a low Cost to Income ratio which came in at 58.1 per cent
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* Customers who operate salary accounts at Co-operative bank can get an MCo-op Cash salary advance loan directly from the phone via MCo-op Cash app. With Mco-op Cash, you can access the following services; 1. Deposit or save money 2. Apply and pay for a loan 3. Send money to another
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In a world where almost everything needs one to have money, and to think that sometimes people lack amidst the press of the world, we can only be grateful for the money transfer services we enjoy using now. There are various channels, through which we can send or receive money
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The Co-operative Bank of Kenya and Simba Corporation customers can now purchase commercial vehicles at affordable rates and access working capital following a partnership signed between the two institutions. The deal aims at cushioning businesses and enabling them to thrive during the ongoing health Covid-19 crisis that has impacted them
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Cooperative Bank Group has posted a 12.7 per cent growth in its net profit for the first three months of the year to Sh3.6 billion, similar to the same period last year. The bank attributed the growth to its strong digital channels and a 12.5 per cent
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Co-operative Bank has been added to the MSCI Frontier Markets Index, which tracks performance of blue-chip stocks in the country. The bank join Safaricom, Equity Bank and Kenya Breweries Limited, which have been performing the index in dividend yield, price to equity and price to book value. The MSCI Kenyan
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Electronic transactions are recommended during this COVID-19 period to discourage users from touching cash which can aid in the transmission of the illness. You can buy Airtime directly from your bank account quickly and easily by following the simple steps below. Cooperative Bank’s MCo-op Cash service allows you to
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Co-Operative Bank is among five top companies at the Nairobi Securities Exchange (NSE) that account for 75 per cent of its market capitalisation. According to the latest industry report by the Capital Markets Authority (CMA) Co-Operative Bank ,Safaricom, Equity Group, East African Breweries and KCB Group account for Sh1.6
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Global rating agency Moody’s expects Co-operative Bank of Kenya to deepen lending to small and medium-sized enterprises (SMEs) on completing the acquisition of the troubled Jamii Bora Bank (JBB). The agency says the deal will serve as a springboard for the tier-I lender to raise the share of loan
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Co-operative bank has become the first listed lender to announce that it is paying dividends to shareholders before the Annual General Meeting which offers shareholders an opportunity to endorse the proposed dividends. The listed lender says it plans to pay shareholders a total of Ksh 5.9 billion in dividends