Treasury clears Co-op Bank ‘loan’ in Sh13bn debt write-off
Treasury’s debt schedule shows Co-op Bank, Kenya’s third largest lender by assets and deposit accounts, had Sh267 million written off during the year.
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The Co-operative Bank of Kenya Ltd
COOP
Data as of Oct 09, 2026
KES 36.60
-0.40 Today
-1.08%
In The News
Co-op Bank, UNCDF Launch Financing Facility Digital Businesses
Co-operative Bank of Kenya, in partnership with the United Nations Capital Development Fund (UNCDF), has introduced a new financing facility under the Digital Platforms Kenya (DigiKen) Programme,
Pictorial: Co-op Bank Closes $100 Million Cross-Currency Swap Deal
The $100 Million Cross-Currency Swap deal that will significantly enhance Co-op Bank’s ability to provide competitively priced foreign currency financing to Kenyan businesses.
Co-op Bank, NCBA join Pesalink money transfer fee cuts in retail battle
The reduced tariff applies to transactions between participating financial institutions, allowing customers to send money directly from one bank to another at a reduced cost. ...
Local firms pile into Co-op Bank shares as individual investors sell
Co-op Bank attracted 9,931 new shareholders with holdings of between one and 500 shares, who added 1.08 million shares to the register.
Co-op Bank customers tap Sh2.4bn overdraft for bills, shopping
The bank sees room for further growth of the overdraft product as awareness increases and more already-approved customers begin using the facility.
Absa and Co-op lead as banks double down on bancassurance
Bancassurance is a strategic partnership between banks and insurance firms that enables insurers to market and sell their products through banks’ customer networks. ...
Co-op Bank Threatens Sale of Sony Sugar Property Over Ksh862M Debt
South Nyanza Sugar Company is facing the possible loss of a property after Co-operative Bank of Kenya moved to enforce a charge securing a loan of more than Ksh 862 million. The bank has issued the sugar miller with a 40-day notice of its intention to sell Land Reference No. 16339/1 if the outstanding debt […]
Co-op Bank half-year profit jumps 28% to Sh18bn
Co-op Bank posted a record Sh18bn half-year profit, up 28 per cent from Sh14.1 billion a year earlier, on higher operating income and strong lending growth.
Co-op Bank Half-Year Profit Grows Strongly to Ksh23 Billion
Co-operative Bank of Kenya, better known as Co-op Bank, has posted a strong profit before tax of KSh23.1 billion for the half-year ended 30th June 2026, up from KSh19.7 billion recorded in the same period in 2025, representing an impressive 17.3% growth.
Co-op Bank, CARE Kenya Launch USD 7.5 Million (KES 975 Million) Fund to Finance 21 Women Farmer Groups in Homa Bay
Co-op Bank Kenya and CARE International Kenya have signed a Memorandum of Understanding (MOU) formalising a strategic partnership expected to unlock USD 7.5 million
Co-op Bank Overtakes EABL as Brewer Eyes Record FY26 Profit | The Kenyan Wallstreet
Co-op Bank has risen to fourth on the NSE, overtaking EABL as forecasts point to record FY2026 revenue, profit and a higher dividend.
Acorn, Absa, Co-op Bank Launch KSh 1Bn Zinduka Programme | The Kenyan Wallstreet
Acorn Holdings, Absa Bank Kenya and Co-op Bank launch Zinduka, offering students housing loans and graduates up to KSh 500,000 in start-up capital.
Co-op Bank, Absa Design Student Loans For Accommodation and Startup Capital
Acorn Holdings Limited has partnered with Absa Bank Kenya Plc and Co-operative Bank Group to launch the Zinduka Graduate Enterprise Programme, an innovation designed to enable students to gain access to affordable accommodation through unsecured housing loans and start-up capital.
Ufundi SACCO Finally Puts Up Iconic Co-op Plaza Up for Sale
Ufundi Savings and Credit Co-operative Society(SACCO) has invited bids for the sale of Ufundi Co-op Plaza in Nairobi CBD, a 13-floor commercial building with 3 basements and about 49,000 sq. ft. of lettable space at the junction of Moi Avenue and Moktar Daddah Street. The move ends a bitter dispute that has dragged through the […]
Co-op Bank South Sudan Hosts Cooperatives Forum
The Co-operative Bank of South Sudan (CBSS) hosted 41 cooperative societies based in Northern Bahr el Ghazal State (NBG) for a capacity-building forum to deepen the impact of the cooperative model in farming and business in the State and across South Sudan.
Why Co-op Bank and Ziidi Trader Stood Out at Africa's Top Banking Awards
Kenyan institutions took top honors at the African Banker Awards as lenders and fintech platforms gain recognition for widening access to business financing and investment opportunities.
Co-op Bank, M-Pesa Ziidi Trader feted for financial inclusion
The awards recognised the two Kenyan institutions for expanding access to finance and capital markets across the region.
Co-op Bank Named ‘SME Bank of The Year’ at 2026 African Banker Awards
The Co-op Bank of Kenya has been recognised as the SME Bank of the Year in Africa at the 20th edition of the African Banker Awards.
Co-op Bank staff now top owners after Sh1.7bn deal
Co-op Bank raised its dividend for the year ended December 2025 by 66.6 percent to Sh2.50 per share, amounting to a record Sh14.6 billion, on the back of double-digit earnings growth.
Court upholds sacking of Co-op Bank manager over fraud-linked dormant accounts
A former Co-op Bank relationship manager has lost his unfair dismissal case after the court found the lender had valid grounds to fire him.
Co-op Bank Q1 Profit Hits KSh 8.41 Bn, Deposits Cross 600 Bn | The Kenyan Wallstreet
Co-operative Bank posted record KSh 8.41 Bn Q1 2026 profit, up 21.3%, as deposits crossed KSh 600 Bn. Kingdom Bank doubled profit. NPL ratio improved to 14.5%
Co-op Bank Posts 21.3% Rise in Q1 Profit to Ksh8.41B
Co-operative Bank of Kenya has kicked off 2026 with strong financial results after reporting a major increase in profits for the first quarter, driven by growth in lending, customer deposits, and digital banking transactions. The lender posted a net profit of Ksh 8.41 billion for the three months ended March 2026, a 21.3 per cent […]
Co-op Bank profit up 21pc to Sh8.4bn in first quarter
It was listed among the fastest growing firms in Africa in the Fastest-Growing Companies 2026 ranking by research company Statista and media firm Financial Times. ...
Inside Extortion Ring Jostling For Co-op Bank Ksh14 Billion Dividend
Police are investigating people believed to be part of an extortion ring accused of frustrating the payment of about Ksh14 billion to Co-operative Bank shareholders through a series of suspicious court cases filed in the name of Sacco officials and shareholders.
CIC eases debt pressure with Sh1.33bn Co-op Bank loan payment
The payment has cut the outstanding loan amount from the Sh4.92 billion it reported in its books at the end of December 2025. ...
Inside the Corporate Changes Under Co-op Bank New Structure
Co-operative Bank of Kenya Ltd will change its name as part of an ongoing reorganisation to reflect its Co-op Bank new structure.
Co-op Bank Kenya Plans Holding Company Restructure | The Kenyan Wallstreet
Co-op Bank plans to become Co-opbank Group PLC under a Non-Operating Holding Company structure, pending CBK, CMA and shareholder approval at its AGM.
Higher Dividend For Co-op Bank Shareholders as Profit Surges
Co-operative Bank posted a strong Profit Before Tax of KSh 40.3 billion for the year ended 31st December 2025, compared to KSh 34.8 billion recorded in the previous year, an impressive 15.8 % growth.
Co-op Bank, Equity and KCB get higher credit rating in review
High levels of non-performing loans has been one of the major risks associated with Kenya’s banking industry. ...
Co-op Bank boss Gideon Muriuki buys extra Sh148m shares
The expansion of Co-op Bank CEO stake has cemented his position as the top individual investor in the lender.
Co-op Bank, Roam among Kenyan firms ranked as fastest growing in Africa
Co-operative Bank and 10 other Kenyan firms have been ranked among the fastest growing in Africa according to a ranking released by Financial Times and Statista.
Co-op Bank Tops 11 Fastest Growing Companies in Kenya
Eleven Kenyan companies have featured on the list annual list of Fastest Growing Companies published by Financial Times.
Equity, Co-op owe State Sh457m on failed schemes left
Equity and Co‑op Bank owe Sh457 million to the government from historic farmer loans. ...
Co-op Bank wins fintech patent fight against innovator
The Co-operative Bank of Kenya has won a long-running intellectual property dispute, with the High Court rejecting claims by a tech firm that the lender stole its real estate payment...
Co-op Bank Q3 Profit up 12%, Declares First Interim Dividend
Co-operative Bank of Kenya has recorded a 12
NSE Turnover Jumps 40% as Safaricom Leads Trading and Co-op Bank Skyrockets After Strong 3Q25 Results
The Nairobi Securities Exchange closed today’s session in a delicate balance of gains and losses, reflecting a market that is active, emotional
Co-op Bank 3Q25 Group EPS Jumps By 12.3%y/y; Surprise Interim Dividend
Co-op Bank released 3Q25 results, posting a 12.3%y/y increase in EPS to KES 3.68, with attributable income coming in at KES 21.6bn
Co-op Bank Q3 Profit Up 12.3% to 21.56 Bn, First Interim | The Kenyan Wallstreet
Co-op Bank reported 21.56 Bn profit in Q3, up 12.3%, as assets reached 815.27 Bn. The bank issued its first interim dividend on record at 1.00 per share
Co-op Bank declares first interim dividend as net profit hits Sh22bn
Co-operative Bank’s net profit for the nine months ended September rose 12.3 percent to Sh21.56 billion.
Kamilisha: Co-op Bank’s Bold Strike to Redefine Short-Term Credit in Kenya
Co-operative Bank has introduced a bold contender—Kamilisha. This innovative product reflects Co-op Bank’s strategy to not just compete
The New Frontier in Kenya’s Digital Overdraft Market as Co-op Bank Joins the Race to Lend Faster, Riskier, and Wider
Co-op Bank’s new overdraft enters a crowded market where convenience meets risk, and regulation is starting to close in.
Co-op Bank Backs Ruiru School Project with KShs 110 Million Financing | The Kenyan Wallstreet
Co-op Bank has extended KShs 110 million in debt financing to Eboss Investments Company to fund the construction of Seven Oaks School in Ruiru
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