Co-operative Bank of Kenya
Co-op Bank Kenya: $1.04bn market cap. Strong cooperative customer base, retail and SME franchise. Holds ~15% of Kenyan digital lending via M-Coop Cash.
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Description
The Co-operative Bank of Kenya is one of the three largest commercial banks in Kenya by market capitalization (approximately USD 1.04 billion). The bank has a unique cooperative ownership structure with a strong cooperative customer base spanning agricultural cooperatives, SACCOs, and SMEs. Co-op Bank offers SME loans, MSME loans, and asset finance products and operates the M-Coop Cash digital lending product which holds approximately 15% of the Kenyan digital lending market. The bank is a major lender to agricultural cooperatives and rural SMEs.
Focus Sectors
SME, Cooperatives, SACCOs, Agriculture
Source: Co-operative Bank of Kenya
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