Co-op Bank Net Profit For Q1 2023 Grows To Sh6.1B

The Co-operative Bank of Kenya recorded a 5.2% growth in its profit after tax to Ksh6.1 billion in first quarter of 2023, from...

The Next Financial Crisis Likely to Hit Kenyan Banks

A combination of stiff international financial reporting standards, slowing economy and the rates cap law have hit the bottom lines of many lenders.

The bank has been hunting for a strategic partner for the last one year but most of those interested were put off by...

The ratio of gross non-performing loans to gross loans increased from 9.5% in March 2017 to 9.91% in June 2017