Co-op Bank signs $3.8-million deal for water, sanitation projects in Kenya
Co-op Bank secures $3.8 million partnership aimed at improving clean water and sanitation access across the country.
Co-op Bank secures $3.8 million partnership aimed at improving clean water and sanitation access across the country.
The bank aims to open 15 new branches this year, reaching 210 outlets. Recent openings include Imaara Mall on Mombasa Road and Ugunja in Siaya.
The loan, marking an increase from the previous year’s advances, underscores Co-op Bank’s steadfast support for Kingdom Securities.
Gideon Muriuki’s $2.6 million gain underscores the positive impact of his leadership at Co-op Bank.
Muriuki, managing director of Co-op Bank, emphasized the bank’s commitment to sustainable growth, resilience, and agility.
Muriuki owns a significant two percent stake in Co-op Bank Group. This translates to 117,471,300 shares in the Nairobi-based lender.