Co-operative Bank of Kenya Ltd 2020 Integrated Report
The report highlights Co-operative Bank of Kenya's resilience during the COVID-19 pandemic, reclaiming its position as the third-largest bank in Kenya with total assets of KShs 537 billion. The bank successfully acquired a 90% stake in Kingdom Bank Limited to deepen its MSME market share. It restructured KShs 49 billion in loans to support customers impacted by the pandemic and migrated 92% of transactions to digital channels. Additionally, the bank secured USD 75 million from the IFC to support MSMEs and climate-smart projects.
Company: Co-operative Bank of Kenya Ltd
Sector: Finance & insurance
Country: Kenya
Year: 2020
Type: Integrated Report
Pages: 260
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Co-operative Bank of Kenya Ltd
Integrated Report
The report highlights Co-operative Bank of Kenya's resilience during the COVID-19 pandemic, reclaiming its position as the third-largest bank in Kenya with total assets of KShs 537 billion. The bank successfully acquired a 90% stake in Kingdom Bank Limited to deepen its MSME market share. It restructured KShs 49 billion in loans to support customers impacted by the pandemic and migrated 92% of transactions to digital channels. Additionally, the bank secured USD 75 million from the IFC to support MSMEs and climate-smart projects.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 17, 2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees