Co-op Bank posts Kshs 3.2b profit in first quarter of 2017
13 views · Published 19 May 2017 · 2:29 · Indexed 20 September 2026
Channel: KBC Channel 1 TV Shows · 2017 · People & Blogs
The Co-operative Bank made 3.2 billion shillings in net profit during the first three months of this year, representing a six percent drop that the lender attributes to the capping of interest rates in Kenya as well as currency devaluation and hyperinflation in South Sudan. Total interest income reduced by 10.8 percent to 9.5 billion shillings.
