Co-op Bank to Restructure as Co-opbank Group PLC in Major Shake-Up

The changes come after the bank reported a profit before tax of Ksh40.3 billion on December 31, 2025, with total assets reaching Ksh827.4 billion...

✨ Key Highlights

The Co-operative Bank of Kenya Ltd is set to restructure into a non-operating holding company, Co-opbank Group PLC, to enhance operational efficiency and facilitate future expansion.

Co-op Bank reported a profit before tax of Ksh40.3 billion as of December 31, 2025.
Co-opbank Group PLC will oversee all group operations, including its banking subsidiary, Co-Op Bank Kenya Ltd.
The proposed changes are subject to shareholder and regulatory approvals, including from the Central Bank of Kenya and the Capital Markets Authority.

Continue Reading

Read the complete article from Kenyans

📰 Read Full Article

Related News

Iran parades Khorramshahr missile ahead of ceasefire deadline with US

Video

New

Iran parades Khorramshahr missile ahead of ceasefire deadline with US

“A man had 375 dependents, we have found men with over 50 spouses,” CS Duale on fraud in SHA

Citizen TV (Youtube)

1h ago

top2h ago

Tragedy as Daughter of Detained South Sudan Ex-Minister Dies in Nairobi

The daughter of detained former South Sudan Finance Minister Marial Dongrin Ater, Ayen Marial Dongrin, has died in Nairobi. She passed away on Tuesday morning, April 21, in a Nairobi hospital after reportedly being admitted to the ICU.

Kenyans

📰 Read Full Story