4 Reasons Why You Need To Save Your Money With Kenya’s Safest Bank Which Has Just Made Billions In Profit #Chapaamkononi #MakeItHappen

Safe banks in Kenya are marked by consistent profit margins. With a number of banks collapsing with people’s money, Kenyans have been scared and confused which bank is safe to save their money with. But you don’t need to be scared no more as Co-operative bank has you sorted.

Co-operative bank is the safest bank to save your money with. And to convince you, read the reasons below:

1. Increasing Market Share

More and more people are continuing to open accounts with Co-operative bank thanks to the bank’s project dubbed ‘Soaring Eagle’ that focused on cost optimization, improvement in operating efficiencies and innovative customer delivery platforms.

Just to mention, Co-operative bank has over 6 Million account holders and counting. The bank is rapidly growing each passing day even as its competitors are struggling to expand.

2. Co-operative Bank is making serious profit

Profitability of any financial institution is the yardstick to measure whether the bank is safe to invest your money with.

The Co-operative Bank Group has recorded a profit before tax of Kshs 4.94 billion for Q1 2016 compared to Kshs 4.50 Billion recorded in the first quarter of 2015, a 10% growth.

Profit after tax for the Group was Kshs 3.44 Billion compared to Kshs 3.17 Billion in the previous year, representing an 8% growth rate.

3. Enhanced credit management systems

Once you have an account with Co-operative bank, getting a loan is a walk in the park. You can even be give a loan just 30 minutes before the bank is closed, it’s that fast.

And Co-operative bank’s low interest rate is the reason why its customers are cramming the bank’s branches countrywide to get loans.

4. Operational Efficiencies

Co-operative bank has the most efficient and effective customer care relation in Kenya. This alone is a magnet to customers since transactions with the bank are easy and fast as the snap of the finger.

Did I mention how Co-operative bank has embraced mobile money transactions? MCo-op Cash which enables you to move money from your Co-operative account to Mpesa account and vise versa has significantly minimized the trips you would make to the bank.

Click on this link MCo-op Cash to see how you can check your account balance or get a mini statement, deposit rent, money and school fees, pay your KPLC or water bills, pay for your DSTV/ZUKU/Startimes bills among other services.