Kenya’s Co-operative Bank has pumped in additional capital of Ksh372 million ($3.2 million) to its subsidiary in South Sudan. The unit has accumulated losses of Ksh3.29 billion ($28.36 million) in its eight years of operation.

The Juba-based subsidiary commenced operations in September 2013 and runs four branches.

For more information, please see https://www.theeastafrican.co.ke/tea/business/co-op-bank-injects-funds-into-south-sudan-unit-3814818