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Co-operative Bank Wraps Up its First Phase of MSME Customers Networking Forums

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 19 September 2019.

Co-operative Bank has been hosting customer networking forums for its Micro, Small and Medium-sized Enterprises (MSME) customers for the last seven months.

The forums were held in selected towns across the country, enabling business communities to network and learn about business opportunities in Kenya and specifically in their county.

The customer networking forums are a key part of Co-op Bank's MSME offering, providing insights and training on economic matters that have a direct bearing on their business.

Co-op Bank recently revamped its MSME offering, introducing a non-financial services arm that deals specifically with non-financial services for its MSME business banking customers.

The bank has made available a substantial kitty of Sh15.2 Billion for a package of loans that include an unsecured business loan, E-Credit through its MCo-op Cash App, packaged insurance cover, and pre-approved limits on overdrafts and loans.

The bank will also be taking customers on the second international business trip this year, from 2nd November to 12th November, 2019, to Thailand and China.

Speaking about the upcoming business trip, Co-operative Bank Head of Business Banking, Moses Gitau said, “Earlier this year we took business customers to Shanghai and Yiwu; where they were able to interact and network with business in China. They were able to create linkages for overseas business and partnerships. This upcoming business exposure trip will present similar invaluable opportunities to the customers. The trip is a unique experience where participants get to mix business with leisure.”

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