Company: Co-operative Bank of Kenya
Country: Kenya
Sector: Regional Banks
CEO: Gideon Muriuki
Website: Not publicly listed
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Nairobi, Kenya
Founded: 1965
Valuation/Revenue: $726.0m market value (African Business Top 250, 2025); total assets of roughly KES 404.15bn / approx. $4bn (Wikipedia, historical company disclosure)
Co-operative Bank of Kenya (commonly Co-op Bank) is one of Kenya’s largest commercial banks, headquartered in Nairobi, and is unique among Kenyan banks in having originated from the country’s cooperative movement, with roots in a cooperative society established in the mid-1960s before it was granted a full banking license. It is listed on the Nairobi Securities Exchange and remains majority-controlled by cooperative societies through a holding structure.
What Does Co-operative Bank of Kenya Do?
Co-op Bank provides retail, SME, corporate and investment banking services across Kenya, alongside insurance and investment products through subsidiaries. Its subsidiaries include Kingdom Securities Limited, Co-opTrust Investment Services, Co-operative Consultancy Services Kenya, a 35.71% stake in CIC Insurance Group, and regional banking units including Co-operative Bank of South Sudan, Co-operative Bank Ethiopia and Co-operative Bank Uganda. In 2020 the bank announced plans to acquire Jamii Bora Bank; that acquisition completed and the entity was rebranded Kingdom Bank Limited, with Co-op Bank holding a 90% stake.
Is Co-operative Bank of Kenya Legit?
Yes. Co-op Bank is a long-standing, Nairobi Securities Exchange-listed institution regulated by the Central Bank of Kenya, with a multi-decade track record serving Kenya’s cooperative movement (saccos, farmers’ groups) alongside conventional retail and corporate banking clients.
Who Is the CEO of Co-operative Bank of Kenya?
Gideon Maina Muriuki has served as Managing Director and Group Chief Executive Officer, a role he has held for an extended period and under which the bank has grown into one of Kenya’s largest lenders.
Who Owns Co-operative Bank of Kenya?
CoopHoldings Co-operative Society Limited, the investment vehicle of Kenya’s cooperative movement, holds roughly 65% of the bank’s shares, with the remaining approximately 35% held by more than 116,000 other investors via the Nairobi Securities Exchange, giving the bank a distinctive cooperative-anchored ownership structure compared to most Kenyan banks.
How Big Is Co-operative Bank of Kenya?
African Business’s Top 250 Companies in Africa (2025) ranked Co-op Bank at position 239 with a market value of approximately $726.0 million. In balance-sheet terms, the bank has previously reported total assets in excess of KES 400 billion (roughly $4 billion), positioning it among Kenya’s top-tier banks by size alongside KCB, Equity and NCBA.
Where Is Co-operative Bank of Kenya Headquartered?
The bank is headquartered in Nairobi, Kenya, with an extensive nationwide branch network built substantially around Kenya’s savings and credit cooperative (sacco) ecosystem.
How Does Co-operative Bank of Kenya Compare to Its Competitors?
Co-op Bank competes with Kenya’s other large listed banks — KCB Group, Equity Group and NCBA Group — for retail and SME deposits, and differentiates itself through deep penetration of the cooperative/sacco sector, a channel where it has historically held a structural advantage due to its origins.
What Has Co-operative Bank of Kenya Been in the News For Recently?
The bank’s 2020 acquisition and rebranding of Jamii Bora Bank as Kingdom Bank marked one of its most significant recent corporate moves, expanding its footprint in Kenya’s tier-2/tier-3 banking segment. Broader Kenyan banking sector themes — digital lending growth, interest rate caps history, and regional expansion into South Sudan, Ethiopia and Uganda — have also featured in coverage of the bank.
Links
Website: Not publicly listed
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is Co-operative Bank of Kenya legit? Yes, it is a Nairobi Securities Exchange-listed bank regulated by the Central Bank of Kenya.
Who is the CEO of Co-operative Bank of Kenya? Gideon Muriuki is the Managing Director and Group CEO.
Who owns Co-operative Bank of Kenya? CoopHoldings Co-operative Society Limited holds about 65%, with the rest publicly traded.
How big is Co-operative Bank of Kenya? It had a market value of about $726.0 million as of the African Business Top 250 (2025) rankings.
Where is Co-operative Bank of Kenya headquartered? Nairobi, Kenya.
Is Co-operative Bank of Kenya publicly traded? Yes, on the Nairobi Securities Exchange.