Coop Bank disburses Sh101bn in first year, targets inclusive growth

Coop Bank managing director and chief executive officer, Mr Godfrey Ng’urah, speaks to journalists in Dar es Salaam yesterday on the bank’s first year of inclusive growth and expansion. On the left is head of Risk Ms Jackline Muro and head of Credit Ms Immaculatha Maro. PHOTO | MICHAEL MATEMANGA

Dar es Salaam. The Cooperative Bank (Coop Bank) has disbursed more than Sh101 billion in loans within its first year of operations, positioning itself as a key player in advancing an inclusive economy.

The bank said the milestone forms part of its 2026–2030 strategy aimed at expanding access to financial services, particularly among underserved groups.