Co-op Bank Honored for Private Banking Strategy

Co-op Bank has been recognized globally for its private banking strategy, according to Capital FM. The accolade was presented by Professional Wealth Management (PWM) and The Banker, both affiliated with the Financial Times Group.

The bank's expansion of its Executive Banking business, aimed at affluent and high-net-worth customers, was a key factor in its recognition. This initiative includes dedicated banking facilities, advisory services, and financial products.

Co-op Bank has revamped 43 Executive Banking centres and launched five premium Executive Plus lounges in Nairobi, Mombasa, Nakuru, Eldoret, and Kisumu. Its Executive Banking service features two tiers: Executive Banking for mass affluent customers and Executive Plus Banking for high-net-worth individuals.