• About
  • Advertise
  • Privacy & Policy
  • Contact
Kenyan Business Feed
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business
No Result
View All Result
Kenyan Business Feed
No Result
View All Result
Home News

Co-operative Bank Set To Heavily Invest Locally Over The Next Five Years

Kenyan Business Feed by Kenyan Business Feed
Share on FacebookShare on Twitter
Co-operative bank Group managing director and CEO Gideon Muriuki

The Co-operative Bank of Kenya has put on hold its previous plans to venture into new markets such as Uganda, Ethiopia and Rwanda but invest aggressively in the Kenyan market over the next five years.

According to the lender which operates in Kenya and South Sudan, it is yet to maximise opportunities in the Kenyan market which remains the most profitable for homegrown lenders.

“We realised we are strong here and even as we are looking at opportunities in other countries within the region, we appreciated that (adding more branches in various parts of Kenya is of greater priority),”  Co-operative bank Group managing director and CEO Gideon Muriuki said at the company’s virtual AGM held on Thursday last week.

“We have done very well in terms of being able to deepen ourselves in market segments that we are already in.”

Mr Muriuki said that Co-op Bank’s recent acquisition of Jamii Bora Bank is part of the ongoing local expansion, adding that the new subsidiary is expected to return to profitability from next year.

The regional expansion strategy is driven by a quest to diversify and get a presence in markets where uptake of banking services is low compared to Kenya.

The bank was recently named as the best bank in the country at this year’s African Banking Awards 20202 organised by by EMEA Finance.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]
Kenyan Business Feed

Kenyan Business Feed

Recommended.

DTB books Sh60m gain in Habib acquisition

May 22, 2019

StanChart spends Sh611m on layoffs

May 19, 2019

Subscribe.

Trending.

Tourism CS Rebecca Miano announces new measures at Maasai Mara, including ranger deployments, clearer signage, and public education following a viral tourist incident.

Government Tightens Maasai Mara Rules After Viral Tourist Clip

August 26, 2025
Safaricom launches B Live, a first of its kind service allowing customers to buy internet access by the hour, offering flexible one hour three hour and six hour bundles for students creators and professionals.

Safaricom Expands Digital Options with Innovative B Live Product That Adapts to Different Usage Habits

August 21, 2025

Co-op Bank Empowers Over 249,000 Kenyan MSMEs with Loans and Training

August 21, 2025
Tourism CS Rebecca Miano represents Kenya at TICAD 9 in Japan, outlining digital tools and regional coordination for wildlife management and human-wildlife conflict.

Tourism CS Rebecca Miano Outlines Digital Solutions for Wildlife Management at TICAD 9

August 26, 2025
PLP and Safaricom Graduate 300 Youth in Push for Digital Talent Development Across Kenya

PLP and Safaricom Graduate 300 Youth to Boost Kenya’s Digital Talent Pipeline

June 23, 2025
Kenyan Business Feed

We focus on news, analysis, and reports about Kenyan business, covering sectors like agriculture, finance, tourism, and technology.

Categories

  • African
  • Agribusiness
  • Courts
  • Education
  • Health
  • Hospitality
  • Manufacturing
  • NetWorths
  • News
  • Reports & Analysis
  • World Business

Popular News

  • First look at the prison where El Chapo may live for the rest of his life

    First look at the prison where El Chapo may live for the rest of his life

    2157 shares
    Share 1040 Tweet 466
  • Sameer Africa CEO Sacked

    1804 shares
    Share 750 Tweet 439

Recent News

Tourism CS Rebecca Miano announces new measures at Maasai Mara, including ranger deployments, clearer signage, and public education following a viral tourist incident.

Government Tightens Maasai Mara Rules After Viral Tourist Clip

August 26, 2025
Safaricom 5G powers Otamatsuri 2025 in Nairobi, boosting Kenya’s gaming, e-sports, and youth entertainment market.

Thousands Gather at KICC for Otamatsuri Gaming Convention Boosted by Safaricom 5G Connectivity

September 18, 2025
  • Home
  • African
  • News
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF

No Result
View All Result
  • Home
  • African
  • News
    • Agribusiness
    • Courts
    • Hospitality
    • Manufacturing
  • Education
  • Health
  • Reports & Analysis
  • World Business

© 2025 KBF