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Co-op Bank bets on mobile wallet, regional expansion to grow profits

By James Anyanzwa | 11yrs ago

Kenya: Co-operative Bank Group has announced a 2.5 per cent growth in pre-tax profit for the nine months to September 30.

The bank’s profit before tax (PBT) increased to Sh9.13 billion from Sh8.91 billion over a similar period last year, and was buoyed by growth in interest income and transaction-based income.

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