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Increased mobile and internet banking helped Co-operative Bank of Kenya increase its pretax profit in the fist half of 2016 by 19 percent to 10.45 billion shillings ($103.08 million), the lender said on Wednesday.
The bank, which has its roots in the country's vibrant co-operative movement and also operates in South Sudan, said 87 percent of all customer transactions took place on alternative channels, up from 65 percent a year ago, following a drive to increase usage of mobile and internet banking.
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