Co-operative Bank of Kenya has posted a 27.2% growth in net profit, reaching Ksh.27.4 billion for the nine months ended September 2026, driven by increased lending income, growth in customer deposits and an improvement in asset quality. The bank’s profit after tax rose from Ksh.21.6 billion reported during the same …
Read More »Co-op Bank profit after tax rises 28pc to Sh18bn in H1 2026
Co-operative Bank recorded a 28 percent increase in profit after tax to Sh18 billion in the first half of 2026, compared with Sh14.1 billion posted during a similar period last year. The lender attributed the strong performance partly to a 13 percent rise in net interest income, which reached Sh33 …
Read More »High Court Blocks DPP, DCI From Prosecuting Co-op Bank CEO
The High Court has temporarily halted the prosecution of Co-operative Bank of Kenya and its Chief Executive Officer, Dr. Gideon Muriuki, in connection with an alleged Sh363.3 million fraud case involving First Assurance Investment Company. Justice Gregory Mutai issued interim conservatory orders barring the Director of Public Prosecutions (DPP) and …
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The Lower Eastern Times Opening The Third Eye