The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Co-operative Bank Group has reported a pre-tax profit of Sh10.44 billion for the first half of 2019 compared to Sh9.98 billion recorded in a similar period in 2018. A growth of 5 per cent against the backdrop of a challenging economic environment in the period. Profit after tax was Sh7.5 Billion compared to Sh7.1 Billion in the previous year.
The Group continues to leverage on the benefits of the “Soaring Eagle” Transformation Agenda that has re-tooled and equipped the business with added competitive edge as reflected in the sustained growth in market share across all market segments and Counties, which has progressively deepened their Financial Inclusion model rooted in the over 15 million-member co-operative movement, that is the face of Kenya.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.