- Co-operative Bank Sponsors International Trade and Logistics Summit 2025, Reinforces Commitment to Regional Trade Facilitation;
Bank positions itself as strategic partner to Kenya’s maritime and logistics sector as Port of Mombasa undergoes major modernization
Co-operative Bank of Kenya (Co-op Bank), one of East Africa’s leading financial institutions, has announced its sponsorship of the International Trade and Logistics Summit (ITLS) 2025, taking place on 27th and 28th October at Shanzu, Mombasa.
The Summit, convened by the Kenya Ports Authority (KPA), brings together key stakeholders in Kenya’s maritime and logistics ecosystem, including shipping lines, clearing and forwarding agencies, cargo handlers, and government officials to discuss the future of regional trade and port modernization.
Co-op Bank’s sponsorship underscores the institution’s strategic focus on supporting trade facilitation and strengthening Kenya’s position as the gateway to East and Central Africa.
The Bank’s participation comes at a time when the Port of Mombasa is undergoing significant modernization to enhance efficiency and increase capacity.
Speaking at the Summit, Lydia Rono, Director of Corporate and Institutional Banking at Co-operative Bank, emphasized the Bank’s commitment to the sector:
“The Port of Mombasa is the economic heartbeat of East and Central Africa, serving not just Kenya but also Uganda, Rwanda, Burundi, South Sudan, and Eastern DRC.
At Co-op Bank, we understand the rhythm of maritime trade and the complexity of supply chain finance.
Our sponsorship of this Summit reflects our dedication to being a strategic banking partner that supports uninterrupted trade cycles across the region.”
The Bank has been actively developing specialized financial solutions for the trade and logistics sector, including enhanced turnaround times for Letters of Credit, bank guarantees, post-import finance, and working capital solutions tailored to the unique needs of importers, exporters, and logistics firms.
Ms. Rono added: “We are moving beyond conventional banking to become a true strategic partner to the maritime and logistics industry.
This means offering bespoke financial solutions, embracing digitization at every touchpoint, and working towards a cashless and paperless port environment that reduces transaction times and operational costs for businesses.”
With a network of over 200 branches across Kenya, including a strong presence in key logistics hubs such as Mombasa, Nairobi, Eldoret, and Nakuru, Co-op Bank is well-positioned to serve the diverse needs of businesses operating in the maritime trade sector.
The Bank’s robust digital banking platform and commitment to innovation make it an ideal financial partner for companies navigating the complexities of international trade.
The International Trade and Logistics Summit provides a platform for industry players to engage on critical issues including port efficiency, digitization of port services, supply chain optimization, and the growth of the Blue Economy – all areas where Co-op Bank is actively investing to support its customers.
The two-day Summit will feature high-level discussions on trade facilitation, infrastructure development, regional integration, and the adoption of technology solutions that enhance port operations and reduce the cost of doing business.
