Co-operative Bank of Kenya is strengthening partnership with public benefit organizations in efforts aimed at creating sustainable community transformation.
This emerged Friday when Co-operative Bank of Kenya and the Public Benefit Organizations Regulatory Authority (PBORA) co-hosted a forum to discuss ways of strengthening the partnership between banks and public benefit organizations.
Co-operative Bank, Director-Corporate & Institutional Banking, Lydia Rono said the bank had learned much as the leading banker for non-state actors and public benefit organizations, and can do more.
Lydia said: “At Co-op Bank, we have developed specific funding models designed for NGOs, including Working Capital Financing that aligns with your cash flow patterns, Cash Management services to ensure compliance and efficient fund allocation, and Development Trainings that empower your teams and much more. Recently, we have developed Church Pension Scheme, which ensures that staff working for faith–based organisations are well prepared for retirement.”
“In our partnership with NGOs, we create a support network, from Capacity-Building and Technical Assistance to Innovative Financing Solutions. Our goal is to make financial management for NGOs as seamless as possible, allowing you to focus on what truly matters: your mission.”
