Patel has solidified his position as a major player in the Kenyan financial sector with his latest acquisition.
Co-operative Bank
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Muriuki owns a two-percent stake in the leading financial services group.
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Muriuki owns a two-percent stake in the leading financial services group.
- Hot News
Kenyan banker Gideon Muriuki’s Co-operative Bank posts $95.6 million in profit in H1 2022
Its profit rose by more than 55 percent to $95.7 million.
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Muriuki owns a two-percent stake in the leading financial services group, totaling 102,528,400 shares.
- Hot News
Kenyan mogul Gideon Muriuki’s Co-operative Bank Group records over $103.5 million in profit in Q1 2022
Muriuki owns a two-percent stake in the group.
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The new shares represent a significant increase in his portfolio.
- Hot News
Gideon Muriuki’s Co-operative Bank of Kenya secures $56.4-million EU loan to support SMEs
The facility will be used to provide capital and long-term local currency loans to businesses hit by COVID-19.
- Hot News
Kenyan banker Gideon Muriuki loses $900,000 in three months as shares in Co-operative Bank Group fall
Muriuki is the CEO of Co-operative Bank Group, one of the largest financial institutions in East Africa.
- Horn of Africa
IFC partners with Gideon Muriuki’s Co-operative bank and Philips on COVID health funding deal
The International Finance Corporation has partnered with Gideon Muriuki’s Co-operative Bank and Philips in a $300-million deal to fund small- and medium-sized …