Cooperative Bank of Kenya: Diaspora Investment Opportunities

By Soko Directory Team / May 22, 2017


By Amina Faki

Cooperative bank of Kenya has been a way of many in the diaspora; it is replacing the cities and the villages that they have lost back in the country.

So far from home yet so near, the Co-operative bank of Kenya is the perfect link between diaspora individuals and the investment and banking products & services back in the country.

Thanks to the Coop Bank diaspora investment opportunities, our brothers and sisters in the diaspora can have safe investments.

Below are some of the Coop Bank Diaspora investment opportunities;

Trade shares

Diaspora Kenyan residents can now invest in trade shares in listed public companies using a CDS account with an advantage of tracking their shares anywhere in the world. Trade share investment opportunities are; transfer of shares, immobilization, and transactions.

Investors in the trade share business can access the trading share accounts in real time, instant order placement and market information, access to portfolio valuations, stock holding reports and transaction statements.

Treasury Bills

Cooperative bank of Kenya offers individuals in the diaspora a risk-free investment in the Treasury Bills which is a paperless short-term borrowing instrument used by the Government through whose fiscal agent is the Central Bank of Kenya.

With the treasury bills being sold at discounted prices to reflect on investor’s return and which can be redeemed at face (par) value, Coop Bank saves this opportunity for those in the diaspora by investing in the Treasury bills and Bonds on their behalf.

Custodial Services

Coop Bank offers the diaspora’s a great opportunity by becoming the trusted reliable partner in safeguarding their assets. This means that one doesn’t have to directly manage their accounts and worry about distance but can use the bank to professionally do this services for them.

Some of the custodial services are; safeguarding of scheme assets, transaction processing, and settlement, transaction processing, and settlement, processing registration of the assets title document, undertaking corporate actions, execution of both local and offshore trade settlements, facilitating foreign exchange transactions, proxy voting, tax claims, and exemption facilitation.

Among the opportunities offered by Coop bank for the diaspora is the

Bonds

An investment in Treasury bond is when an individual lends to the government. The bank offers predictable returns for your money over time in the investment of Treasury Bonds.

With this kind of investment, the bank ensures the following benefits; risk-free principle and interest payments, specified rate of interest paid during the life of the bond, and face value repaid on the maturity of the bond.

It doesn’t matter how many miles you are away from home; the distance doesn’t matter, as always Cooperative Bank of Kenya has got your interests and investments covered.



About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

View other posts by Soko Directory Team



Other Related Articles








SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2018
  • January 2018 (291)
  • February 2018 (221)
  • March 2018 (279)
  • April 2018 (144)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (206)
  • July 2017 (190)
  • August 2017 (196)
  • September 2017 (186)
  • October 2017 (236)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (167)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (246)
  • June 2016 (183)
  • July 2016 (271)
  • August 2016 (250)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (244)
  • December 2016 (154)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (109)
  • May 2015 (117)
  • June 2015 (121)
  • July 2015 (150)
  • August 2015 (157)
  • September 2015 (189)
  • October 2015 (171)
  • November 2015 (174)
  • December 2015 (208)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950