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


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

Board of Directors – Subsidiaries


William Mayar Wol

Chairman


Elijah Wamalwa

Managing Director


Prof. Mathew Gordon Udo

Director


Hon. Wani Buyu Dyori

Director


Rosemary M. Githiga, (Mrs)

Director


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