Home Co-operative Bank of Kenya Ltd. Co-operative Bank of Kenya Ltd. In brief Co-operative Bank of Kenya Ltd was founded in 1965 as a bank for the cooperative movement in Kenya. While having a strong cooperative identity and being the principal banker for the cooperative movement in Kenya, the Bank has evolved into a universal, third-largest bank in Kenya. A significant portion of Co-op Bank´s clientele is individuals and MSMEs. The loan proceeds will be used to support the MSME loan portfolio growth, which will facilitate financial inclusion among underserved clientele. Main development impact There are an estimated 7.4 million MSMEs in Kenya. The financing needs of this underserved segment are vast. Co-operative Bank is the dominant provider of financial services to the cooperative movement in Kenya, which plays an instrumental role as an intermediary and aggregator in agribusiness. Providing value-added services to the cooperative movement, including agribusiness operators, is a key driver of financial inclusion. Investment details Name: Co-operative Bank of Kenya Ltd. Project number: 80000381 Region: Africa Country: Kenya Sector: Financial institution Signing date (month/year): December 2022 Currency: USD Finnfund's financing (commitment): 12,000,000 Instrument: Loan Size of the project financing: USD 100,000,000 Share of Finnfund's financing (%): 13,10 % Status: Active Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.December Read our transparency and disclosure policy More information: News Current investments Business sectors Contact us Key facts Name: Co-operative Bank of Kenya Ltd. Sector: Financial institution Region: Africa Country: Kenya Currency: USD Finnfund's financing (commitment): 12,000,000 Signing date (month/year): December 2022 Last update: December 2022