{"id":43757,"date":"2023-09-15T07:46:20","date_gmt":"2023-09-15T07:46:20","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/co-operative-bank-in-s-sudan-to-host-development-summit-this-month"},"modified":"2023-09-15T08:06:50","modified_gmt":"2023-09-15T08:06:50","slug":"co-operative-bank-in-s-sudan-to-host-development-summit-this-month","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/co-operative-bank-in-s-sudan-to-host-development-summit-this-month","title":{"rendered":"Co-operative Bank in S. Sudan to host development summit this month"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>The Co-operative Bank of South Sudan this month will host a development summit for the empowerment of grassroots communities through agri-business investments in the country.<\/p>\n

According to the Bank, the development summit is due on 27th September to coincide with its 10-year anniversary since the establishment of the institution.<\/p>\n

The theme for the Co-Operative Bank\u2019s Development Summit 2023 is \u201cPartnership for Sustainable Development in South Sudan\u201d with emphasis on sustainable growth through agribusiness value chain development.<\/p>\n

Its key services include investing in agri-business through Cooperatives, enhancing financial inclusivity, incubation, and capacity building, and promoting initiatives on climate resilience and the blue economy.<\/p>\n

Elijah Wamalwa, the Managing Director and Chief Executive Director of the Co-operative Bank says the bank is planning to bring different players together to promote sustainable development in South Sudan.<\/p>\n

\u201cWe are actually bringing different players together to explore, talk a little bit more about how we can work together, and collaborate to promote sustainable development in South Sudan,\u201d said Wamalwa.<\/p>\n

\u2018We will be looking at areas like sustainable growth through agribusiness value chain development,\u201d he said.<\/p>\n

\u201cWe will be looking at how we can work together to empower grassroots communities by investing in agri-business through cooperatives.\u201d<\/p>\n

\u201cWe will be looking at enhancing financial inclusivity, incubation, and capacity building, we will also be talking about promoting initiatives on climate resilience and blue economy.\u201d<\/p>\n

According to Elijah, the Bank\u2019s 10th anniversary will unlock opportunities including sharing achievements and challenges of the commercial financial institution as well as working closely with other players.<\/p>\n

\u201cWe are also celebrating our achievements. Co-Bank is one of the tear 1 Banks in South Sudan, there is a lot we have done. We have been a cartel to the traders, and we have been a leading lender in this market even though many banks have moved away from lending,\u201d said Wamalwa.<\/p>\n

\u201cWe have worked with different categories of clients to support their trading activities and we want to scale it up and enhance,\u201d he said.<\/p>\n

\u201cWe want to talk about how we can overcome challenges like the challenges of curatorial in South Sudan how else can we secure our loans without necessarily asking for land and property from a landing perspective we see that as an achievement having supported so many traders.\u201d<\/p>\n

According to Elijah, the Cooperative Bank has over the years supported many traders, schools, and seed producers with construction activities in South Sudan.<\/p>\n

In 2019 and 2022, the Cooperative Bank of South Sudan was voted the best bank of the year during the Chamber Quality Awards.<\/p>\n

The Bank is a local financial institution incorporated in 2012 and became operational in September 2013.<\/p>\n

For More News And Analysis About South-Sudan<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Sudan. The Co-operative Bank of South Sudan this month will host a development summit for the empowerment of grassroots communities through agri-business investments in the country. According to the Bank, the development summit is due on 27th September to coincide with its 10-year anniversary since the establishment of the institution. The theme for […]<\/p>\n","protected":false},"author":84,"featured_media":43756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,233],"class_list":["post-43757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-sudan","tag-south-sudan"],"yoast_head":"\nCo-operative Bank in S. 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