SWOT and PESTLE analysis of Co-operative Bank of Kenya

Co-operative bank of Kenya is a Kenyan financial service provider that is licensed by the central bank of Kenya. The banks subsidiaries include Co-operative Consultancy Services Kenya Limited, Co-op trust Investment Services Limited, Kingdom Securities Limited, Cooperative Bank of South Sudan and Co-op Consultancy & Insurance Agency Limited. The bank also has subsidiaries in Uganda and Ethiopia.

 

Summary of Co-operative Bank of Kenya

 

• Company name: Co-operative Bank of Kenya Ltd
• Location: Co-operative House, Haile Selassie Avenue, Nairobi
• Business sector: financial service
• Revenue: Sh12.7 billion as per financial year ending December 2016
  CEO: Gideon Muriuki
• Competitors: equity bank, Kenya Commercial Bank, Stanbic Bank, family bank, standard chartered, Barclays
• Co-operative Bank of Kenya official website: https://www.co-opbank.co.ke/
• Co-operative Bank of Kenya official Facebook page: https://www.facebook.com/coopbankenya/
• Co-operative Bank of Kenya official twitter handle: https://twitter.com/Coopbankenya
• Co-operative Bank of Kenya official contacts: Call Center Numbers: 020-2776000, 0703027000
• SMS : 16111
• Email : Customerservice@co-opbank.co.ke
• WhatsApp : 0736690101
•  Common company tags: MCo-op Cash. Co-op kwa jirani, mVisa, diaspora banking, HELB smart card, Co-op foundation,co-op bank  loans,

 

SWOT analysis of Co-operative Bank of Kenya

The following is the SWOT analysis of Co-operative Bank of Kenya

Strengths

• Latest facilities
• Wide customer base
• Strong online presence
• Great advertising
• Experienced workforce

Weaknesses

• Market competition

Opportunities

• New products
• Urbanization
• Project funding
• Steady growth in rates and profitability

 

Threats

• Liability defaulters
• Increasing labor costs
• Financial capacity
• Cyber crime
• Economic slowdown

PESTLE analysis of Co-operative Bank of Kenya

The following is the PESTLE analysis of Co-operative Bank of Kenya

Political

• Political uncertainty in the country
• Terrorism

Economical

• Volatile Kenyan currency

Social

• Rise in the operational geography disposable market of its

Legal

• Strict and increased regulatory demands

Environmental

• waste management

• Environmental screening of transactions

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