Our specialised financial services have an established reputation in the market, and one such service is
Custodial Services.
We offer custodial and investment administration services focusing on efficiency and reliability.
Our customers include
- Retirement Funds (Provident and Pension Funds)
- Co-operatives
- Unit Trusts
- Insurance Companies
- Investment Clubs
- Foreign Institutional Investors.
Our core services include: -
- Safekeeping of scheme assets
- Transaction processing and settlement
- Processing registration of the assets title documents
- Collection of income on the investments
- Undertaking corporate actions
- Reporting
- Execution of both local and offshore trade settlements.
Value-added services include: -
- Facilitating foreign exchange transactions
- Proxy voting
- Tax claims and exemption facilitation
We observe sound procedures to ensure professional service to customers through: -
- custody agreements between Trustees and ourselves
- Service level agreements between other service providers and ourselves
- safety and security of assets
- reliable and efficient information systems
Client Relationship
Our dedicated relationship management supported by a robust technology infrastructure ensures that our clients get efficient and reliable custodial services. We retain a keen attention to skills development of our team through both internal and professional industry training. Our team comprises of professionals from retirement benefits sector, Banking and investment.
How much will it cost you?
Safe Custody fees
Our fees are competitive, and are based on the market value of the assets at a basis point per annum, charged quarterly.
Transaction fees
This is charged for purchases, sales and placements of investments from the custody account.
Please talk to us on this address
Custodial Services
The Co-operative Bank of Kenya Ltd
Tel. no. 32076187/237 Fax:
3276217
Email: custodial@co-opbank.co.ke
The Co-operative Bank is a registered Custodian under the Retirement Benefits Act and as Authorized Central Depository Agent by the Capital Markets Authority.
