Co-operative Bank of Kenya has posted a 5.2 percent growth in net profit to Sh23.2 billion in the financial year ended December 2023 on increased income and reduced operating costs.
The net profit grew from Sh22 billion posted in a similar period last year. The board has, on the back of the increased profit, recommended a dividend of Sh1.5 per share, amounting to Sh8.8 billion, matching that of the previous year.
