Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Co-op foray into insurance boosted by CIC acquisition

By James Anyanzwa

Co-operative Bank group is now the single largest shareholder in the Co-operative Insurance Company (CIC) after acquiring an additional 19 per cent stake. The transaction, valued at Sh130 million, brings Co-op bank’s shareholding in the insurance firm to 21 per cent, and gives it two seats in CIC’s board.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News