Co-operative Bank records Sh14.65 billion pre-tax profit in Q3 2018

Co-operative Bank building in Nairobi CBD.

The Co-operative Bank Group on Thursday reported a pre-tax profit of Sh14.65 billion for the nine months up to September 30, 2018 compared to Sh13.74 Billion recorded in the same period last year. A growth of 7 per cent against the backdrop of a challenging economic environment in the period.

Profit after tax was Sh10.31 billion compared to Sh9.54 billion in the previous year, an 8 per cent growth.