About Co-op Bank South Sudan

Bringing about economic empowerment to the people of South Sudan through the establishment and growth of a strong co-operative movement in every sector of the economy.

Background

The Co-operative Bank South Sudan Limited is a commercial Bank whose aim is to bring about economic empowerment to the people of South Sudan through the establishment and growth of a strong Co-operative movement in every sector of the economy. The bank offers innovative conventional banking services to Co-operatives, SMEs, Microfinance, International Organizations, Institutions, Corporates, Individuals, Government Ministries and Quasi Government Agencies, private and public sector customers with full range of banking services for positive impact of the economy.

Co-operative Bank of South Sudan (COBSS) has been established as a strategic joint venture between the Government of the Republic of South Sudan (RSS) on behalf of the co-operative movement in South Sudan and Co-operative Bank of Kenya (COPK).

History

Co-operative Bank of South Sudan is a member of the Co-operative Bank of Kenya Group, headquartered in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. As of December 2013, the Group’s asset base exceeded US$2.6 billion (KES:231.2 billion), with shareholders’ equity in excess of US$414 million (KES:36.8 billion). The shares of stock of the Cooperative Bank Group are listed on the Nairobi Stock Exchange, where it trades under the symbol: COOP. Members of the Cooperative Bank Group include the following companies:

  • Kingdom Securities Limited – Nairobi, Kenya – 60% shareholding
  • Co-opTrust Investment Services Limited – Nairobi, Kenya – 100% shareholding
  • Co-operative Consultancy Services Kenya Limited – 100% shareholding
  • CIC Insurance Company Limited – 25% shareholding
  • Cooperative Bank of South Sudan – Juba, South Sudan – 51% shareholding

The Bank’s Vision

To be the leading and dominant South Sudanese Bank with a strong countrywide presence, playing a central role in the Co-operative movement and providing relevant and innovative financial services to our customers for the optimum benefit of all our stakeholders

The Bank’s Mission

To offer value-added financial services to our chosen market segments with special emphasis on the co-operative movement through a highly effective network of service points, excellent customer service and a highly motivated team of qualified personnel

Core Values

  • We are proud to be Co­-operative Bank
  • We value our customers
  • We execute at speed
  • We grow our people
  • We employ best practice
  • We value the Bank’s reputation

Cooperative Bank of South Sudan Stock Ownership

The detailed ownership of Cooperative Bank of South Sudan is depicted in the table below

Pie-chart

Rank Name of Owner Percentage Ownership
1 Cooperative Bank of Kenya 51.0
2 Government of South Sudan 49.0
Total 100.0

Board of Directors

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Dr Gideon Muriuki

Group Managing Director & CEO


William Mayor Wol

Chairman


Zachary Chianda

Managing Director


Prof. Mathew Gordon Udo

Director


Mr Wani Buyu Dyori

Director

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Banking services tailored to bring about economic empowerment to the people of South Sudan