Co-Op Bank suffers blip in profits in 2017 but counts on the positives

Co-Op Bank Group CEO Dr Gideon Muriuki at a past function. [Photo: Courtesy]

The Co-Operative Bank Group registered a gross profit of Sh16.4 Billion in the 2017 financial year, dropping from Shs 17.7 Billion recorded in 2016.

 A statement from the Group CEO Dr Gideon Muriuki ties this blip to the challenging business environment encountered during the 2017 electioneering period.