Cooperative Bank of Kenya #ticker:COOP has announced plans to double its agency banking network to 20,000 this year, up from the current 10,000, as it seeks to grow its market presence and boost revenues.
Co-op Bank acting director for retail and business banking Arthur Muchangi said by having a wider network of agents, dubbed Co-op Kwa Jirani, the lender whose local bank branch count stands at 150 hopes to grow customer numbers boosting its transactional income in the process.
