Co-operative Bank of Kenya Limited - Awards

Awards

2015: CO-OP BANK OF KENYA SCOOPS THE FINANCIAL TIMES“ 2015 FINANCIAL INCLUSION GLOBALAWARD” 
The Co-operative Bank of Kenya has won the esteemed award of Bank of the Year 2015 for Financial Inclusionin The Bankers Awardsrun by the Financial Times of London. The bank beat a stiff challenge from over fifty other entries from all over the world.

2014: Co-op Bank wins, VISA co-brand champion award. At the recent Visa end year gala held on 28th November, 2014; Co-op Bank was recognized by winning the Visa Co-brand award.

2014: Co-op Bank scoops two moneygram awards. At the recent Money Gram awards held in Nairobi on 4th November, 2014 Co-op Bank was awarded Best receive agent: awarded for having the highest share receive transactions and related receive revenues between January and October 2014. Co-op Bank was also awarded the Best Agent Marketing Investment: Awarded for continued support to joint agent marketing initiatives.

2014: East African Banking Awards; Co-op Bank was awarded in two categories, Best Bank in Retail Banking, and Best Bank in Micro-Finance.

2014: Bank CEO of the Year – Africa, awarded to Dr. Gideon Muriuki, Group CEO by International Banker magazine, in their 2014 Africa and Middle East Banking Awards. Key highlights of the award include; demonstrating remarkable foresight by insisting that the Co-operative Bank of Kenya will retain its identity as a Co-operative bank even when expanding outside Kenya, in spite of the fact that it would have been easier for the enterprise to proceed as a successful Kenyan commercial bank. Leadership in driving a sustainable growth model. Expanding to other African markets by way of joint ventures with Co-operative societies is a futuristic business model that is likely to deliver inclusive growth and a more equitable sharing of the benefits of the rising prosperity of African economies. Turning around the bank from loss-making to one of East Africa’s fastest-growing and most profitable banks. Achieving year-on-year growth in results, substantial growth in customer base and expansion of services into South Sudan. Setting up numerous bank-led initiatives to benefit the community.

2014: Best Innovation in Retail Banking, awarded to the Co-operative Bank of Kenya by International Banker magazine, in their 2014 Africa and Middle East Banking Awards. Key highlights of the award include; demonstration of a consistent commitment to providing inclusive retail banking services in Kenya. Successfully pioneering a retail banking model that goes beyond investment in conventional bank-owned channels such as branches, ATMs, agencies and electronic banking, to include over-the-counter banking services (FOSAs) and payment card systems (Co-op switch) operated by Co-operatives to serve their members, which currently number over two million. The bank’s huge investment in a payments switch has enabled Kenya’s vibrant Saccos to access card payment services worldwide, is a ground-breaking innovation towards achieving financial access to the majority. Providing scholarships for underprivileged students, green energy financing packages and low-interest loans for SMEs, which may prove crucial in terms of Kenya’s future economic growth.

2013:Co-op Bank is recognized as the Most Green Bank at the 2013 Energy Management Awards for achieving the fastest turnaround time for renewable energy and energy efficiency financing for SMEs and Large Enterprises, actively promoting “Green Financing” among clients and for being the bank with the largest pipeline of projects seeking green energy financing.

2011: Co-op Bank is named Bank of the Year in Kenya by the Financial Times of London, the second year in row, as the bank also won the award in 2010.

2011: Co-op Bank is awarded Best Company in Corporate Governance in 2011 at the 2011 Financial Reporting (FiRe) Awards.

2011: Co-op Bank Group CEO Honoured by Kabarak University

The Co-operative Bank of Kenya Group Managing Director and CEO Dr. Gideon Muriuki, was awarded the Honorary Degree of Doctor of Business Leadership (Honoris Causa) by the Kabarak University.