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Co-op Bank's pretax profit jumps to Sh15.38 billion in 2015

Co-operative Bank of Kenya 's expects a 20 percent rise in pretax profits this year, the company's chief executive said on Thursday, after the bank posted a strong growth in 2015, in part due to staff cuts.

Pretax profit in the year ending December jumped 40.8 percent to 15.38 billion shillings ($151.75 million).

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