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The Co-operative Bank of Kenya (Co-op Bank) has reported a 47.4 per cent growth in net profit for the nine months to September, surpassing the 2021 full-year earnings on increased non-funded income.
The lender made a profit after tax of Sh17.1 billion in the third quarter, compared to Sh11.6 billion in a similar period in 2020. The nine-month performance exceeds the Sh16.5 billion that the lender made in the whole of last year.
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