Lender, firm to scale up leasing deal

Co-operative Bank Chairman John Murugu (left), Group CEO Gideon Muriuki (right) and his Fleet Africa counterpart Philip Smith during the signing of the joint venture strategic partnership in Nairobi yesterday. [Wilberforce Okwiri, Standard]

The Co-operative Bank of Kenya and leasing company Super Group of South Africa have announced plans to deepen their partnership.

The two said yesterday they would scale up their Kenyan operations through Co-op Bank Fleet Africa Leasing, a joint venture firm owned by the two institutions.