List Of All Cooperative Bank of Kenya Branch Codes in Kenya and a brief history and details

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Co-operative Bank of Kenya is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya, the central bank and national banking regulator.[2] The bank has introduced Agency banking model and has a deep customer base in Kenya with over 7.5 million accounts as of December 2018. In 2010, the bank was awarded “Best Bank of Kenya” by the London Financial Times due to their excellent growth.[3]

Overview

The bank serves the banking needs of individuals, small businesses and large corporations, focusing on the needs of cooperative societies in Kenya. Cooperative Bank is a large financial services institution. Its total assets were valued at US$3.9 billion (KES:404.15 billion).  At 31 December 2013, its shareholders’ equity was valued at approximately US$425 million (KES:36.8 billion). As of May 2012, the bank controlled about 8.2% of all bank assets in Kenya.

History

The bank was established in 1965, initially as a cooperative society. The banking license was granted in 1968. The Kenya Government directed all cooperative societies in the country to transfer their deposits to the Cooperative Bank of Kenya and that all cooperatives buy the bank’s shares. In 1977, the bank opened its first subsidiary: Cooperative Finance Limited. In 1989, the bank converted to a fully fledged commercial bank and increased its products menu. In 1998 the bank’s headquarters were relocated following destruction of the original premises by the bombing targeting the nearby Embassy of the United States of America. That same year, the bank became an agent of the money-transfer service company MoneyGram. In 2002, the bank’s headquarters returned to Cooperative Bank House following renovations. In 2008, the bank listed on the Nairobi Securities Exchange, where its shares trade under the symbol: COOP.

Member companies

The companies that comprise the Cooperative Bank Limited include, but are not limited, to the following:

Ownership

The bank’s stock is owned by the following corporate entities and individuals:

RankName of OwnerPercentage Ownership
1CoopHoldings Cooperative Society Limited65.0
2Over 116,000 “Other” Investors35.0
Total100.00

CoopHoldings Cooperative Society Limited is a holding company owned by the cooperative societies within Kenya, who jointly own a controlling majority of shares totalling 65% of all company stock. The remainder is owned by individual and institutional investors through the Nairobi Securities Exchange.

Governance

The bank is governed by an eighteen-person board of directors. John Murugu, one of the non-executive directors is the Chairman. The Managing Director and Chief Executive Officer is Dr. Gideon Maina Muriuki, MBS. He is assisted by seven other senior managers in supervising the day-to-day activities of the bank.

Coop Bank branch codes kenya

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. The Bank went public and was listed on December 22nd, 2008 at Nairobi Securities Exchange (NSE).  Below is a list of all Cooperative Bank  Branch Codes in Kenya as of 2018.

BranchCode
HEAD OFFICE11000 
FINANCE AND ACCOUNTS11001 
CO-­‐OP HOUSE11002 
KISUMU11003 
NKRUMAH ROAD11004 
MERU11005 
NAKURU11006 
INDUSTRIAL AREA11007 
KISII11008 
MACHAKOS11009 
NYERI11010 
UKULIMA11011 
KERUGOYA11012 
ELDORET11013 
MOI AVENUE11014 
NAIVASHA11015 
STAFF TRAINING CENTRE11016 
NYAHURURU11017 
CHUKA11018 
WAKULIMA MARKET11019 
EASTLEIGH11020 
KIAMBU11021 
HOMA BAY11022 
EMBU11023 
KERICHO11024 
BUNGOMA11025 
MURAN’GA11026 
KAYOLE11027
KARATINA11028
UKUNDA11029
MTWAPA11030
UNIVERSITY WAY11031
BURUBURU11032
ATHI RIVER11033
MUMIAS11034
STIMA PLAZA11035
WESTLANDS11036
UPPER HILL11037
ONGATA RONGAI11038
THIKA11039
NACICO11040
KARIOBANGI11041
KAWANGWARE11042
MAKUTANO11043
PARLIAMENT ROAD11044
KIMATHI STREET11045
KITALE11046
GITHURAI11047
MAUA11048
CITY HALL11049
DIGO ROAD11050
NAIROBI BUSINESS CENTRE11051
KAKAMEGA11052
MIGORI11053
KENYATTA AVENUE11054
NKUBU11055
ENTERPRISE ROAD11056
BUSIA11057
SIAYA11058
VOI11059
MARIAKANI11060
MALINDI11061
ZIMMERMAN11062
NAKURU EAST11063
KITENGELA11064
AGA KHAN WALK11065
NAROK11066
KITUI11067
NANYUKI11068
EMBAKASI11069
KIBERA11070
SIAKAGO11071
KAPSABET11072
MBITA11073
KANGEMI11074
DANDORA11075
KAJIADO11076
TALA11077
GIKOMBA11078
RIVER ROAD11079
NYAMIRA11080
GARISSA11081
BOMET11082
KEROKA11083
GILGIL11084
TOM MBOYA11085
LIKONI11086
DONHOLM11087
MWINGI11088
C.O.U11097
CO-­‐OP CARD CENTRE11098
SETTLEMENTS11099
KILINDINI PORT11266
MONEY TRANSFERS AGENCY11270

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Sande Kennedy

Sande Kennedy is the founder and Editor in Chief of SandeKennedy.com & Kenyans247.com He is a Kenyan-based Internetprenuer,blogger Political Activist & informer who has an interest in politics, governance, corporate-fraud and human-interest. Kindly drop me a note if you feel aggrieved on any matter that you would want to be highlighted  Twitter: @itssandekennedy , Instagram: @itssandekennedy WhatsApp: +254791890826 Read More about me here
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