Co-op Trust’s assets have quadrupled since 2014, rising from Ksh52.5 billion ($392.4 million) to Ksh218.38 billion ($1.7 billion) in 2023.
Gideon Muriuki
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The loan, marking an increase from the previous year’s advances, underscores Co-op Bank’s steadfast support for Kingdom Securities.
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The proposed dividend marks a significant milestone for the group and reflects its strong financial position.
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Gideon Muriuki’s $2.6 million gain underscores the positive impact of his leadership at Co-op Bank.
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Muriuki, who was instrumental in the Co-op Bank’s expansion, owns a two-percent stake in the leading financial services group.
- East Africa
Co-op Bank led by Kenyan banker Gideon Muriuki to add 15 branches in 2024 despite digital shift
As Co-op Bank embarks on its ambitious expansion journey, the institution reaffirms its commitment to serving diverse customer needs while leveraging technological …
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Thanks to its strategic expansion initiatives spanning the region, the Muriuki-led group has now positioned itself among Kenya’s leading employers.
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Muriuki, who sits at the helm of Co-op Bank and ranks as one of Kenya’s leading investors, holds a significant stake of …
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Muriuki, managing director of Co-op Bank, emphasized the bank’s commitment to sustainable growth, resilience, and agility.
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Muriuki owns a significant two percent stake in Co-op Bank Group. This translates to 117,471,300 shares in the Nairobi-based lender.