The Co-operative Bank of Kenya Limited provides corporate and retail banking, and investment and asset management services in Kenya. It operates in two segments, Retail Banking and Wholesale Banking. The company offers various deposit products, including junior accounts, salary and current accounts, scholar accounts, saving accounts, fixed and call deposits accounts, education saving schemes, dividend reserve accounts, NGO accounts, government banking accounts, education partnership accounts, and goodwill partnership accounts for individuals, corporates, co-operatives, and institutions. It also provides loan products comprising home mortgages, personal loans, small business loans, women loan...
Co-operative Bank House
Haile Selassie Avenue
PO Box 48231
Founded in 1965
The Co-operative Bank of Kenya Limited, Annual General Meeting, May 27, 2015
Apr 30 15
The Co-operative Bank of Kenya Limited, Annual General Meeting, May 27, 2015., at 11:00 E. Africa Standard Time. Location: Bomas of kenya Nairobi. Agenda: To receive and consider, and if approved adopt the audited financial statements of the company for the financial year ended December 31, 2014 together with the director’s and auditor’s report thereon; to approve the first and final dividend of KES 0.50 per share in respect of the year ended December 31, 2014, to be paid to the share holders on the register at the close of business on May 29, 2015; to elect directors and to authorize the board to fix the director’s remuneration; to re-appoint Ernst and Young, auditors of the company, having expressed their willingness to contribute in office and to authorize the directors to fix their remuneration; to consider amendments to the articles of association; and to transact any other business.
The Co-operative Bank of Kenya Limited Announces Unaudited Group and Bank Earnings Results for the First Quarter Ended March 31, 2015
Apr 29 15
The Co-operative Bank of Kenya Limited announced unaudited group and bank earnings results for the first quarter ended March 31, 2015. For the quarter, on group basis, the company reported total interest income of KES 8,165,743,000 against KES 6,649,632,000 a year ago. Net interest income was KES 5,846,356,000 against KES 4,818,348,000 a year ago. Total operating income was KES 8,716,533,000 against KES 7,478,387,000 a year ago. Profit before tax and exceptional items were KES 4,414,576,000 against KES 3,318,488,000 a year ago. Profit before tax was KES 4,502,930,000 against KES 3,468,418,000 a year ago. Profit after tax and exceptional items were KES 3,173,025,000 against KES 2,465,574,000 a year ago. Diluted earnings per share were KES 0.65 against KES 0.50 a year ago. Net cash generated from operating activities was KES 7,689,626,000 against KES 10,407,637,000 a year ago. Purchase of property and equipment was KES 9,491,000 against KES 650,220,000 a year ago.
For the quarter, on bank basis, the company reported total interest income of KES 6,644,802,000 against KES 5,475,008,000 a year ago. Net interest income was KES 5,806,602,000 against KES 4,808,017,000 a year ago. Total operating income was KES 8,351,275,000 against KES 7,185,905,000 a year ago. Profit before tax and exceptional items were KES 4,328,022,000 against KES 3,291,610,000 a year ago. Profit before tax was KES 4,328,022,000 against KES 3,291,610,000 a year ago. Profit after tax and exceptional items were KES 3,029,615,000 against KES 2,304,127,000 a year ago. Diluted earnings per share were KES 1.71 against KES 0.47 a year ago.