News
Co-operative and KCB Lead in Lending Rate Cuts After CBK Lowers Key Rates: Aimed at boosting borrowing and economic activity! Kenya’s banking sector is adjusting to recent policy changes after the Central Bank of Kenya (CBK) cut the Central Bank Rate (CBR) to 10.75% and reduced the Cash
World Business
Co-operative Bank of Kenya has posted a 9.8% increase in net profit, reaching Sh25.4 billion for the year ended December, up from Sh23.1 billion in the previous year. This growth was primarily fueled by higher interest income, reflecting the bank’s strong financial performance amid a dynamic
News
Co-operative Bank of Kenya has joined forces with the Kenya Defence Forces (KDF) to enhance infrastructure at Embakasi Garrison’s Parade Square in Nairobi. This collaboration focuses on building new utility blocks equipped with plumbing, drainage, electrical systems, and pathways, aiming to improve the square’s usability for drills and