2015: Co-op Bank of Kenya scoops the Financial Times 2015 Financial Inclusion Global Award
The Co-operative Bank of Kenya won the esteemed award of Bank of the Year 2015 for Financial Inclusion in The Bankers Awards run by the Financial Times of London. The bank beat a stiff challenge from over fifty other entries from all over the world.
2014: Co-op Bank wins the VISA Co-brand Champion Award
At the Visa end year gala held on 28th November, 2014, Co-op Bank received the Visa Co-brand award.
2014: Co-op Bank scoops two MoneyGram awards
At the MoneyGram awards held in Nairobi on 4th November, 2014, Co-op Bank was awarded Best Receiving Agent for having the highest share of receive transactions and related receive revenues between January and October 2014. Co-op Bank was also awarded the Best Agent Marketing Investment for continued support to joint agent marketing initiatives.
2014: East African Banking Awards
Co-op Bank was awarded in two categories; Best Bank in Retail Banking and Best Bank in Microfinance.
2014: Bank CEO of the Year – Africa
This was awarded to Dr. Gideon Muriuki, Group CEO, by International Banker Magazine, in their 2014 Africa and Middle East Banking Awards. Key highlights of the award include demonstrating remarkable foresight by insisting that the Co-operative Bank of Kenya will retain its identity as a Co-operative Bank even when expanding outside Kenya, in spite of the fact that it would have been easier for the enterprise to proceed as a successful Kenyan commercial bank. Leadership in driving a sustainable growth model and expanding to other African markets by way of joint ventures with Co-operative societies is a futuristic business model that is likely to deliver inclusive growth and a more equitable sharing of the benefits of the rising prosperity of African economies, thereby turning around the bank from loss-making to one of East Africa’s fastest growing and most profitable banks. Achieving year-on-year growth in results, substantial growth in customer base and expansion of services into South Sudan. We also set up numerous bank-led initiatives to benefit the community.
2014: Best Innovation in Retail Banking
This was awarded to the Co-operative Bank of Kenya by International Banker Magazine in their 2014 Africa and Middle East Banking Awards. Key highlights of the award include demonstration of a consistent commitment to providing inclusive retail banking services in Kenya. Successfully pioneering a retail banking model that goes beyond investment in conventional bank-owned channels such as branches, ATMs, agencies and electronic banking, to include over-the-counter banking services (FOSAs) and payment card systems (Co-op switch) operated by co-operatives to serve their members, which currently number over two million. The bank’s huge investment in a payments switch, that has enabled Kenya’s vibrant SACCOs to access card payment services worldwide, is a ground-breaking innovation towards achieving financial access to the majority. Providing scholarships for underprivileged students, green energy financing packages and low-interest loans for SMEs, which may prove crucial in terms of Kenya’s future economic growth.
2013: Co-op Bank is recognized as the Most Green Bank
This was received at the 2013 Energy Management Awards for achieving the fastest turnaround time for renewable energy and energy efficiency financing for SMEs and Large Enterprises, actively promoting “Green Financing” among clients and for being the bank with the largest pipeline of projects seeking green energy financing.
2011: Co-op Bank is named Bank of the Year in Kenya
This was awarded by the Financial Times of London, the second year in row, as the bank also won the award in 2010.
2011: Co-op Bank is awarded Best Company in Corporate Governance
This award was received at the 2011 Financial Reporting (FiRe) Awards.
2011: Co-op Bank Group CEO honoured by Kabarak University
The Co-operative Bank of Kenya Group Managing Director and CEO, Dr. Gideon Muriuki, was awarded the Honorary Degree of Doctor of Business Leadership (Honoris Causa) by the Kabarak University.