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 of 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 Cooperative movement in every sector of the economy.

The bank offers innovative conventional banking services to Cooperatives, SMEs, Microfinance, International Organizations, Institutions, Corporates, Individuals, Government Ministries and Quasi-Government Agencies, private and public sector customers with a full range of banking services for a positive impact on 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 the 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

• Vision and Mission

  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

• Ownership

  Co-operative Bank of South Sudan Stock Ownership

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

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