Co-op Bank extends joint venture with South Sudan

cooperative bank of kenya


Business Daily | by Victor Juma


Co-op Bank has extended its joint venture with the government of South Sudan by three years, renewing the parties’ co-ownership of the lender’s subsidiary headquartered in Juba.

The partners formed the Co-operative Bank of South Sudan in 2013, with the Kenyan banking multinational taking a controlling 51 percent stake in the company…

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