Co-operative Bank Group #ticker:COOP net profit for the first nine months to September has dropped by 10 per cent to Sh9.77 billion, weighed down by near doubling of coronavirus-related loan loss provisioning.
The retreat in net earnings is from preceding similar period’s Sh10.88 billion and came on the back of rising loan loss provisioning by 89.4 per cent to Sh4.02 billion.
