Cooperative Bank Of South Sudan
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Cooperative Bank of South Sudan is a
commercial bank A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with whol ...
in
South Sudan South Sudan (), officially the Republic of South Sudan, is a landlocked country in East Africa. It is bordered on the north by Sudan; on the east by Ethiopia; on the south by the Democratic Republic of the Congo, Uganda and Kenya; and on the ...
. It is licensed and supervised by the
Bank of South Sudan The Bank of South Sudan (BoSS) is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the B ...
, the country's
central bank A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the mo ...
and national banking regulator.


Cooperative Bank Group

Cooperative Bank of South Sudan is a member of the Cooperative Bank Group, headquartered in
Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...
,
Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...
, with subsidiaries in Kenya and South Sudan. , 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 Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...
of the Cooperative Bank Group are listed on the
Nairobi Stock Exchange The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in ...
, where it trades under the symbol COOP. Members of the Cooperative Bank Group include the following companies: # ''Kingdom Securities Limited'' -
Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...
,
Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...
- 60% shareholding # ''Co-opTrust Investment Services Limited'' - Nairobi, Kenya - 100% shareholding # ''Co-operative Consultancy Services Kenya Limited'' - 100% shareholding # ''
CIC Insurance Group Limited CIC Insurance Group Limited, commonly referred to as CIC Group, is a Kenyan insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi. CIC Group has a network of branches and operational subsidiaries spread a ...
'' - 25% shareholding # Cooperative Bank of South Sudan -
Juba, South Sudan Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria State. It is the most recently declared national capital and had a population of 525,953 in 20 ...
- 51% shareholding


Ownership

The detailed ownership of the
stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...
of Cooperative Bank of South Sudan is depicted in the table below:


Branch network

The bank has its headquarters in
Juba Juba is the capital and largest city of South Sudan. The city is situated on the White Nile and also serves as the capital of the Central Equatoria, Central Equatoria State. It is the most recently declared national capital and had a populatio ...
, the
capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ...
of
South Sudan South Sudan (), officially the Republic of South Sudan, is a landlocked country in East Africa. It is bordered on the north by Sudan; on the east by Ethiopia; on the south by the Democratic Republic of the Congo, Uganda and Kenya; and on the ...
and the largest city in that country. Four other branches are planned in Juba.


See also

*
Economy of South Sudan South Sudan became the world's newest country and Africa's 55th nation on 9 July 2011. The South Sudanese Civil War, which started in December 2013, undermined economic development achieved since independence, making humanitarian work difficult t ...
*
Banking in South Sudan A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As ban ...
*
List of banks in South Sudan This is a list of commercial banks in South Sudan, as updated by late 2024 by the Bank of South Sudan. * African National Bank * Afriland First Bank South Sudan, part of Afriland First Bank Group * Agricultural Bank of South Sudan * Buffalo Comm ...


References

{{reflist


External links


Bank of South Sudan Website

Website of Cooperative Bank of Kenya
Banks of South Sudan Banks established in 2012 Companies based in Juba Companies of South Sudan