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Co-op Bank third-quarter profit jumps to Sh19b on higher income

Co-op Bank Group Managing Director and Chief Executive Officer Gideon Muriuki. [File, Standard]

Tier one lender Co-operative Bank of Kenya (Co-op Bank) has reported a strong financial performance for the third quarter of 2024, posting a profit of Sh19.2 billion.

The lender attributed the 4.42 per cent jump in net earnings-compared to Sh18.5 billion reported the previous year-to growth in interest and non-interest income.

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