Co-op Bank net profit up 4.4pc to Sh19.2bn

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 posted a 4.4 percent growth in net profit to Sh19.2 billion in the nine months ended September 2024, on increased interest and non-interest income.

The growth in profit from Sh18.39 billion posted in the corresponding similar period last year was driven by a 12.3 percent increase in net interest income to Sh36.87 billion, and an 8.2 percent increase in non-interest income to Sh22.28 billion..

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