How regional Saccos will benefit from Coop Bank’s new structure

Nairobi Securities Exchange (NSE)-listed lender Co-operative Bank of Kenya will be reorganising its corporate structure into a Non-Operating Holding Company arrangement, separating its listed parent entity from its licensed banking operations under a group holding structure. According to a cautionary notice issued by the bank’s board and approved by the Capital Markets Authority (CMA), the…

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Head of Risk and Compliance at the Kingdom Bank Moses Kariuki (right), receives the bank's ISO certification. Photo: Obegi Malack

New milestone as Kingdom Bank receives ISO Certification

Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya reached yet another milestone in their relentless quest to provide world class service to their clientele by attaining the International Organization for Standardization/International Electrotechnical Commission (ISO/IEC 27001:2022) certification. ISO prestigious accreditation underscores the bank’s unwavering dedication to ensuring the highest standards of information security management….

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