Tag Archives: Co-operative Bank

Equity Bank Announces 3% Interest Rate Cut for Loans

Equity Bank has followed suit with other financial institutions by reducing its lending rates. The bank has announced a 300 basis point (3 percent) cut in interest rates for both new and existing loans denominated in Kenyan Shillings. Effective from February 13, 2025, for new loans and March 1, 2025, …

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NICCO Movers Ltd Expands Fleet with Eight New Buses Financed by Co-operative Bank

NICCO Movers Ltd, under the leadership of Director John Kiambo, has taken delivery of the second batch of eight buses, part of a larger order of 30 vehicles. This acquisition is financed by Co-operative Bank and facilitated by Thika Motor Dealers, represented by General Manager of Sales & Marketing, Mr. …

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Co-op Bank Raises ATM Withdrawal Limit to Sh60,000

Co-operative Bank of Kenya has increased its daily ATM withdrawal limit by 50 percent to Sh60,000, as banks respond to the reduced spending power among customers due to the weakening Kenyan shilling. The bank informed its customers about the adjustment, marking the first such revision in nearly a decade. This …

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