Co-op Bank maintains dividend as net profit rises 9.8pc

Co-operative Bank CEO Gideon Muriuki

Cooperative Bank of Kenya Group Managing Director Gideon Muriuki (left) during a past investor briefing. 

Photo credit: File | Nation Media Group

Co-operative Bank of Kenya has maintained its dividend payout at Sh1.5 per share after posting a 9.8 percent jump in net profit for the year ended December.

The lender made a net profit of Sh25.4 billion in the period under review, up from Sh23.1 billion a year earlier, boosted by higher interest income.

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