C0-operative Bank Group is planning to expand to more regions in South Sudan, targeting cooperative societies and entrepreneurs and government institutions.

This was revealed when the bank’s officials in the country hosted the Governor of the Central Equitoria State in South Sudan, Emmanuel Adil Anthony.

In a statement, the lender said the primary focus of the engagement was to discuss the strategic roadmap to expand banking services across all parts of Central Equatoria State to ensure better access to financial services and resources.

The governor welcomed the bank to comprehensively rollout banking services to cooperative societies and reputable entrepreneurs as key drivers of economic growth in the State.

Co-operative Bank of South Sudan, managing director, Elijah Wamalwa thanked the governor for the productive business relationship that the bank continues to enjoy with the government and the people of Central Equatoria State, noting that the bank already operates four branches in the state alone, in Juba town, Kololo, Gudele and Gumbo sub-branch

Wamalwa said the bank stands ready and eager to fully support the State in key public services especially in revenue collection, including via digital banking solutions.

He informed the governor about the upcoming Cooperatives Summit organised by Co-op Bank of South Sudan in May this year in Juba, offering an opportunity to showcase innovative banking products to cooperative societies’ members.

The Kenyan listed lender is making inroads in roads in the youngest nation in Africa as peace slowly return and currency volatility eases.

The Co-operative Bank of South Sudan, a joint venture (51per cent Co-op Bank Kenya, 49 per cent GOSS), frequently reports operating profits but often faces net monetary losses due to hyperinflation and currency devaluation of the South Sudanese Pound.

The subsidiary restated profit of Sh93.5 million in the first nine months of 2025 after accounting for hyperinflation.

The bank expressed optimism on South Sudan’s improving economic conditions despite a few challenges.

Cooperative Bank Group told investors that South Sudan stands at a significant inflection point, caught between renewed optimism from recovering oil flows and cash liquidity stress across the economy.

“This turnaround is expected to re-anchor fiscal revenues, stimulate government spending, and help stabilize the exchange rate while Inflation is expected to moderate marginally to 97.5 per cent in 2025 from 99.8 per cent in 2024.”

“This recovery is being undermined by a cash liquidity crisis that is impacting overall economic activities in the economy given that South Sudan is a cash heavy economy.”