A majority of Kenyans shy away from buying of shares simply because of lack of knowledge which in turn creates fear amongst them.
Shares are vital to the economy because they are a fundamental constituent of most investment portfolios. Investors can either own shares directly or indirectly through mutual funds.
Kingdom Securities Limited, a subsidiary of Co-op Bank Group, gives you an opportunity to grow your money by investing in Shares by owning a piece of public listed companies.
Kingdom Securities Limited has a dedicated team that will offer you advice regarding the investment in Shares and Bonds. They assist investors in:
- Transfer of shares
- Immobilization
- Transmissions
To buy and sell shares, an investor requires a CDS account. To open a CDS account, one is required to follow the following simple steps:
- Fill in the application form and send it back to them on diasporabanking@co-opbank.co.ke
- Attach a recent passport size photo
- Attach a scan of your certified ID or scan of certified Passport
- For Company – certificate of incorporation, an organization registered in any other way you need a certificate of registration (Directors of the Company will have to provide their ID cards and passport size photographs.
One can also access and track their shares through the company’s secure and encrypted online portal http://trading.kingdomsecurities.co.ke/tradeweb where one is able to:
- Access to their share trading accounts real-time 24/7 from the convenience of their home and office
- Real-time order placement and market information
- Access to portfolio valuations, stock holding reports, and transaction statements