Co-op new strategy lifts profit to Sh14 billion

Coop Bank Managing Director Gideon Muriuki says penetration of the retail and consumer banking boosted income. [File, Standard]

Cooperative Bank Group recorded a growth of 12.6 per cent in profit after tax for the full year ending December 31, 2019. The bank registered a profit after tax figure of Sh14.3 billion in the year, up from Sh12.7 billion in 2018.