Co-operative Bank’s net profit jumps to Sh10b

Co-operative Bank Group Managing Director and CEO Gideon Muriuki at a past function

NAIROBI, KENYA: Kenya’s Co-operative Bank Group has recorded after tax profit of Sh10 billion in the third quarter of 2018, eight percent increase compared to Sh9.5billion in the same period previous year.

The bank’s profit before tax grew by seven percent from Sh13.7 billion in 2017 to Sh14.6 billion.