About Us

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 Stock 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:

  1. Kingdom Securities Limited, a stockbroking firm with the bank holding a controlling 60% stake;
  2. Co-opTrust Investment Services Limited, the fund management subsidiary wholly-owned by the bank; and
  3. 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.

Shareholding Structure

  THE CO-OPERATIVE BANK OF KENYA LIMITED 
‚ÄčOWNERSHIP STRUCTURE AS AT 30-06-2016
 
     
  SHAREHOLDER CATEGORY Percentage Shareholding
RANK FOREIGN INVESTOR % HELD
1 CFC STANBIC NOMINEES LTD A/C NR1030682 0.54
2 STANDARD CHARTERED NOMINEES NON-RESD. A/C KE10516 0.40
3 STANDARD CHARTERED KENYA NOMINEES LTD A/C KE002511 0.31
4 STANDARD CHARTERED NOMINEE ACCOUNT KE17605 0.30
5 STANDARD CHARTERED NOMINEES A/C KE12506 0.19
6 STANDARD CHARTERED NOM A/C KE 11993 0.18
7 STANDARD CHARTERED NOMINEES NONRESIDENT A/C 9661 0.16
8 STANDARD CHARTERED NOMINEE ACCOUNT KE15081 0.15
9 STANDARD CHARTERED NOMINEES NON-RESID A/C 9342 0.13
10 CFC STANBIC NOMINEES LTD A/C NR1031010 0.12
  SUBTOTAL 2.50
  OTHERS 1.94
  TOTAL 4.44
     
RANK LOCAL INDIVIDUAL INVESTORS % HELD
1 GIDEON MAINA MURIUKI 2.05
2 STANLEY CHARLES MUCHIRI 0.13
3 CYRUS KABIRA NJINE 0.12
4 JULIUS MICHEUH RIUNGU 0.09
5 MACLOUD MUKITI MALONZA 0.09
6 ELIJAH KATHURI SAMUEL MBOGO 0.08
7 JULIUS KIPKURGAT SITIENEI 0.08
8 FREDRICK FANUEL ODHIAMBO 0.08
9 JACOB M OLUDHE ONDIK 0.07
10 AMARJEET BALOOBHAI PATEL & BALOOBHAI CHHOTABHAI PATEL 0.07
  SUBTOTAL 2.87
  OTHERS 13.38
  TOTAL 16.25
     
RANK LOCAL INSTITUTIONAL INVESTORS % HELD
1 CO-OP HOLDINGS CO-OPERATIVE SOCIETY LIMITED 64.56
2 NIC CUSTODIAL SERVICES A/C 077 0.63
3 STANDARD CHARTERED NOMINEES A/C 9230 0.52
4 KENYA COMMERCIAL BANK NOMINEES LIMITED A/C 915B 0.47
5 KENYA COMMERCIAL BANK NOMINEES LIMITED A/C 771A 0.34
6 CO-OPERATIVE BANK CO-OPERATIVE SAVINGS & CREDIT SOCIETY LTD 0.31
7 KENYA REINSURANCE CORPORATION LIMITED 0.31
8 STANDARD CHARTERED NOMINEES RESD A/C KE11443 0.28
9 OLD MUTUAL LIFE ASSURANCE COMPANY LTD 0.26
10 ICEA LION LIFE ASSURANCE COMPANY LIMITED-POOLED 0.21
  SUBTOTAL 67.90
  OTHERS 11.41
  TOTAL 79.31
     
  TOTAL % 100%
  TOTAL ISSUED SHARES 4,889,316,295
  TOTAL NUMBER OF SHAREHOLDERS 95,631

NB Other than Co-opHoldings Co-operative Society, which is the strategic investor representing the Kenyan Co-operative movement, no single shareholder or institution holds 5% or more of the total issued shares.