Cooperative Bank of South Sudan Key Facts and Financial Insights

The Cooperative Bank of South Sudan is a significant financial institution in the country, offering a range of services to individuals and businesses. It was established in 1997 and has since grown to become one of the largest banks in South Sudan.

The bank has a strong presence in the country with 15 branches located in major towns and cities. Its headquarters is based in Juba, the capital city.

The Cooperative Bank of South Sudan is licensed by the Central Bank of South Sudan, ensuring that it operates within the country's financial regulations. This license provides customers with a level of security and trust in the bank's operations.

The bank offers a variety of financial products and services, including savings accounts, loans, and credit facilities. Its services cater to both individuals and businesses, making it a one-stop-shop for all financial needs.

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The Cooperative Bank of South Sudan has a clear ownership structure, which is outlined in the detailed table below. This ownership structure gives us a good idea of who's in control and how the bank is managed.

The largest shareholder of the bank is the Cooperative Bank of Kenya, holding a whopping 51.0% of the stock. This is a significant stake, and it's likely to have a major influence on the bank's decisions and operations.

The Government of South Sudan is the second-largest shareholder, owning 49.0% of the stock. This level of government involvement could impact the bank's policies and priorities.

Here's a breakdown of the ownership structure:

The total ownership adds up to 100.00%, which indicates that these two entities hold all the shares of the bank.

The Cooperative Bank of South Sudan has a strong financial performance, with a capital base of SSP 6.3 billion as of 2020. This significant capital base provides a solid foundation for the bank's operations.

The bank's net profit has been steadily increasing over the years, reaching SSP 1.2 billion in 2020. This growth in net profit is a testament to the bank's effective management and financial stability.

The Cooperative Bank of South Sudan has a robust asset base, with total assets standing at SSP 45.6 billion as of 2020. This asset base provides a solid foundation for the bank's lending and investment activities.

The bank's loan book has been growing steadily, reaching SSP 24.2 billion in 2020. This growth in lending is a key indicator of the bank's ability to support the economic development of South Sudan.

The Cooperative Bank of South Sudan has a strong liquidity position, with a liquidity ratio of 32.6% as of 2020. This liquidity position ensures that the bank can meet its short-term obligations and maintain financial stability.

The bank's return on equity (ROE) has been impressive, reaching 14.5% in 2020. This high ROE indicates that the bank is generating strong profits from its equity base.

The Cooperative Bank of South Sudan has a solid financial position, with a non-performing loan (NPL) ratio of 2.5% as of 2020. This low NPL ratio is a testament to the bank's effective credit management and risk assessment practices.

The Cooperative Bank of South Sudan is taking a significant step towards empowering women in the country by launching a program to boost women's financial access. This initiative is a game-changer for women running businesses of all sizes in South Sudan.

The bank is rolling out a product with special features to support and empower women, aiming to have women open 50% of the bank's accounts. This is a bold goal, but it's one that could have a profound impact on the lives of women and their families.

Cooperative Bank Group Chairman John Murugu believes in the empowerment of women in business and sees this initiative as a way to make a difference. He's right - when women have access to finance, they can save, invest, and access credit to start their own businesses and improve their livelihoods.

Access to finance is crucial for women's economic independence, and this initiative is a step in the right direction. Akuja Mading De Garang, Team Leader for Girl Education in South Sudan, emphasizes the importance of financial inclusion in women's lives, highlighting its potential to improve their livelihoods and those of their families and communities.

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The Mara Muhtaram initiative is designed to enhance women's financial independence, and it's already making progress in advancing women in political and public spheres. In fact, the 2018 revitalized peace agreement has opted for 35% affirmative action to enable women to get into political and public arena, a significant step forward for women's rights in South Sudan.