Cooperative Bank of South Sudan is a commercial bank in South Sudan. It is licensed and supervised by the Bank of South Sudan, the country’s central bank and national banking regulator.
The Co-operative Bank 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 Co-operative movement in every sector of the economy.
The bank offers innovative conventional banking services to Co-operatives, SMEs, Microfinance, International Organizations, Institutions, Corporates, Individuals, Government Ministries and Quasi Government Agencies, private and public sector customers with full range of banking services for positive impact of 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 Co-operative Bank of Kenya (COPK).
| Type | Private |
|---|---|
| Industry | Banking and Finance |
| Founded | 2012 |
| Headquarters | Juba, South Sudan |
| Products | Loans, Checking, Savings, Investments |
| Total assets | US$15 million (2012) |
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
Cooperative Bank Group
Cooperative Bank of South Sudan is a member of the Cooperative Bank 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 Group Limited – 25% shareholding
- Cooperative Bank of South Sudan – Juba, South Sudan – 51% shareholding
Cooperative Bank of South Sudan Ownership
The detailed ownership of the stock of Cooperative Bank of South Sudan is depicted in the table below:
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Cooperative Bank of Kenya | 51.0 |
| 2 | Government of South Sudan | 49.0 |
| Total | 100.00 |
Cooperative Bank of South Sudan Loans
Personal Loans
Personal loans are available to staff employed by Local and International NGOs as well as civil servants. Employees whose employer has entered into an agreement with Co-operative Bank under special terms can also access the personal loans facility.
FEATURES
- Attractive interest rates
- Maximum repayment period of 24 months
- Loan available in both SSP and USD
REQUIREMENTS
- A letter of appointment or a contract agreement.
- A recommendation letter from employer
- Latest three months payslip
- A copy of nationality ID or Valid passport
- MOU with employer
Business Loans
We grow our SME and Corporate clients by availing funds for working capital requirements, purchase of business assets and for acquisition of capital items. We also finance the purchase of land, construction projects and renovation of business premises.
FEATURES
- Attractive interest rates
- Flexible repayment terms
- Personalized relationship management
REQUIREMENTS
- The customer must provide identification documents
- Must have an operating or active business for at least two years
- Positive Credit Reference Bureau Report
- The customer must provide the company’s certificate of incorporation, tax certificate and other licences.
- The customer must provide the company’s audited books of accounts for the last three years.
- Must have an active business account for at least 6 months and twelve months for seasonal businesses.
- The customer must provide an application letter from the company and board’s resolution to borrow sanctioning the borrowing.
- The customer must provide security which include but is not limited to: cash, landed property, debentures over company assets, director’s guarantee, tripartite agreement and deed of rental assignment.
- For construction projects, the customer must provide Profiles of the consultant overseeing the project, Copies of drawings (structural), Profile of architect, Profile of the contractor, Profile of the QS, Profile of the, structural engineer, Bills of quantities, Photos of the project, Contingency, Labour cost agreement.
- The business must be registered as per the laws of South Sudan and must be engaged in activities sanctioned by the laws of South Sudan and comply to all the requirements as stipulated in the laws and regulations of South Sudan.
Cooperative Bank of South Sudan Branch network
The bank has its headquarters in Juba, the capital of South Sudan and the largest city in that country. Four other branches are planned in Juba.
Cooperative Bank of South Sudan Contacts
HEAD OFFICE
Head Office
CO-OPERATIVE BANK HOUSE
Plot No. 7 GIV,
Juba Town, South Sudan
Mobile: +211 921 494 670 or +211 916 725 497
Customer Service : Customerservice@co-opbankss.com
JUBA BRANCH
Juba Branch
CO-OPERATIVE BANK HOUSE
Plot No. 7 GIV,
Juba Town, South Sudan
Mobile: +211 921 494 670 or +211 916 725 497
Customer Service : Customerservice@co-opbankss.com
KOLOLO BRANCH
Kololo Branch
Along Ministries, Airport Road
Juba Central Equatoria
South Sudan
Mobile: +211 924 494 670 or +211 925 814 955
Branch Email:kololobr@co-opbankss.com
MALAKIA BRANCH
Malakia Branch
Hai Malakal, Opposite Medan Zahra
Juba Central Equatoria
South Sudan
Mobile: +211 924 494 670 or +211 926 138 838
Branch Email:Malakiabr@co-opbankss.com
NIMULE BRANCH
Nimule Branch
Customs, Juba Nimule Road
Nimule Town Eastern Equatoria
South Sudan
Mobile: + 211 924 494 670 or +211 920 068 674
Branch Email: nimulebr@co-opbankss.com
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