Co-operative Bank of Kenya Ltd 2020 Sustainability Report
The report highlights Co-operative Bank of Kenya's resilience during the COVID-19 pandemic, maintaining its position as the third-largest bank in Kenya with total assets of Kshs. 537 billion. Key achievements include the acquisition of Kingdom Bank Limited and the disbursement of Kshs. 43 billion through E-credit. The bank demonstrated a strong commitment to sustainability by securing USD 75 million from the IFC for MSMEs and climate-smart projects. Environmental efforts focused on energy management, resulting in a reduction of electricity costs by Kshs. 27.2 million. The bank also supported the community through the Co-op Bank Foundation, which has benefited over 7,700 students to date.
Company: Co-operative Bank of Kenya Ltd
Sector: Finance & insurance
Country: Kenya
Year: 2020
Type: Sustainability Report
Pages: 45
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Co-operative Bank of Kenya Ltd
Sustainability Report
The report highlights Co-operative Bank of Kenya's resilience during the COVID-19 pandemic, maintaining its position as the third-largest bank in Kenya with total assets of Kshs. 537 billion. Key achievements include the acquisition of Kingdom Bank Limited and the disbursement of Kshs. 43 billion through E-credit. The bank demonstrated a strong commitment to sustainability by securing USD 75 million from the IFC for MSMEs and climate-smart projects. Environmental efforts focused on energy management, resulting in a reduction of electricity costs by Kshs. 27.2 million. The bank also supported the community through the Co-op Bank Foundation, which has benefited over 7,700 students to date.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees