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Interest income lifts Coop Bank's net profit to Sh7.4 billion
A Co-operative Bank customer is served in a banking hall. The majority of this interest income came from loans and advances which grew by Sh3.2 billion to close the period at Sh16.8 billion. PHOTO | FILE
The Co-operative Bank of Kenya has posted an 18.7 per cent jump in net earnings for the six months to June on higher interest income.
The tier one lender has reported that its half-year net profit is Sh7.41 billion, compared to the Sh6.24 billion that the bank recorded during a similar period in 2015.