HOME » Stocks » Banking
Login: 
 

Co-operative Bank of Kenya (COOP) Realtime Stock Quote | Nairobi Securities Exchange | myStocks

Co-operative Bank of Kenya Ltd (COOP)

   
End of day - Oct 30, 2020
11.30
-0.05 (-0.44%)
11.35
Previous
 11.30   -0.05 (-0.44%)
End of day - Oct 30, 2020
11.45
High
11.10
Low
21,600
Volume
244,385.00
Turnover
 10.20 - 17.00
52-week Range
 
• Partial functionality / Data • Quotes delayed • Login or Register for full / real-time access
 
 
 
 
MonTueWedThuFriSatSun
       
       
       
       
       
       
 
Today:
Range:   Frequency:   Type:   Volume:   Overlay:   Scale:  
Moving Averages: Simple (SMA)  [ select ]     Exponential (EMA)  [ select ]     Weighted (WMA)  [ select ]
Indicators: [ select ]     Compare: COOP vs. [ select ]  
 Parabolic SAR    Dual Historical / Intraday    Show Corporate Events    Auto-update    Large Chart  

Corporate Actions Outlook

Payment of KES 1.00 first and final dividend Jun 05 2020

Latest Company News

Latest Financial News

Real-time Market Data

Real-time preview of Order book with Bids (Demand) and Asks (Supply) of shares
• Partial functionality / Data • Quotes delayed •Login or Register for full / real-time access

Market Commentary

Equity bank is the largest bank in Kenya by customer deposits and the best bank in the world in terms of return on assets. Its success came from strategy to go for the bottom of the pyramid. The greatest threat to equity Bank is poor customer service, but it still is a strong investment destination
For the longest time the Kenyan banks have been the port of call for investors; they were profitable, resilient, and stable and the price gains were attractive. This was especially true for the 6 leading banks. However, for the last three years it seems the fellowship of the gold standard has been haunted by new demons. Have the Kenyan banks lost their shine?
Continued investments in technology-based service delivery channels such as mobile and internet banking services has enabled banks to cut on operational costs and boost efficiency.
Coop Bank reported a 17.9% rise in net profit for the year ended December 31 2013. The bank posted a profit of KES 9.1 billion up from KES 7.7 billion the previous year.
CIC Insurance released its 2013 year end results which registered a marginal rise in profitability. Profits before tax stood at KES 1.67 billion, up 1.3% from KES 1.64 billion in 2012 due to increase in claims incurred and operating expenses.

Brief Company Profile

Market Segment: Main Investment Segment
Sector: Banking

The Co-operative Bank of Kenya Ltd. offers banking and related services.The bank has a universal model in its product offering ranging from retail banking, corporate and trade finance, foreign exchange, mobile and internet services, stock brokerage, fund management, asset finance, mortgage, bancassurance, custodial and registrar services in addition to banking Cooperatives. The bank has positinioed itself in Banking the Cooperative movement which is an emerging mobiliser of resources and advancing affordable credit to support target groups like farmers. 

The Bank recently engaged McKinsey a global Consultancy Company in August 2014 to perform a growth and efficiency reveiw of the Group's business to enhance competitiveness in Kenya's Banking Sector going forward. The Group has an innovative strategy for regional expansion in new frontiers such as Uganda, Rwanda, Tanzania,Ethiopia and South Sudan through it;s unique co-operative model.The bank distinguishes itself from its peers by the nature of its business strategy by regurlarly intervening in selected sectors of the economy with a view to achieving transformation in challenged sectors, notably in agriculture.

 

Apr 26, 2016
  Common: 5 10 20 50 100 200
Custom:     «Done»  «Close»