Co-operative Bank of Kenya’s net profit grew 5.8 percent in the half year ended June to Sh12.1 billion as interest expenses expanded faster compared to income from lending and non-lending sources.
The bank had posted a net income of Sh11.4 billion a year earlier. Total interest income increased 11.9 percent to Sh31.9 billion, helped by the loan book expanding by 10.7 percent to Sh365.3 billion.
