Co-op Bank struggles to recover Sh287m public loan

Co-op Bank struggles to recover Sh287m public loan

The Co-operative Bank of Kenya is struggling to recover part of Sh287.42 million loans it received from the Treasury for on-lending to government projects, according to the latest disclosures on the country’s debt status. The bank, Kenya’s fourth-largest by market share, was among six privately-owned lenders which were listed by the Treasury for owing the […]

Co-op Bank struggles to recover Sh287m public loan

Co-op Bank struggles to recover Sh287m public loan

The Co-operative Bank of Kenya is struggling to recover part of Sh287.42 million loans it received from the Treasury for on-lending to government projects, according to the latest disclosures on the country’s debt status. The bank, Kenya’s fourth-largest by market share, was among six privately-owned lenders which were listed by the Treasury for owing the […]

Safaricom Moves 3.10 Million Shares To Top The NSE

Safaricom Moves 3.10 Million Shares To Top The NSE

Kenya’s telecommunications giant, Safaricom was the top mover of the day at the Nairobi Securities Exchange (NSE) after selling 3.10 million shares with a market capitalization of 1.62 trillion shillings. Kenya Re-Insurance was the second top mover with 1.54 million shares and a market capitalization of 6.92 billion shillings followed by East Africa Breweries Limited […]

Co-operative Bank Kenya: Dividend Book Closure 2022

Co-operative Bank Kenya shareholders  on the Company’s Register of Members as of 30th May 2022 to receive a Dividend Payment of KES 1.0 per share.   Dividend AmountKES 1.0Dividend TypeCash DividendEx-Dividend / Book Closure30th May 2022Payment Date17th June 2022

Co-operative Bank Kenya: Dividend Payment 2022

The Co-operative Bank Kenya shareholders to receive a Dividend Payment of KES 1 per share on 17th June 2022. This only applies to shareholders on the Company’s Register of Members as of 30th May 2022. Dividend AmountKES 1.0Dividend TypeCash DividendEx-Dividend / Book Closure30th May 2022Payment Date17th June 2022