Absa Bank Kenya Chairman Charles Muchene speaking during the bank's 2022 full-year financial results investor briefing at Villa Rosa Kempinski Nairobi on March 15, 2023.
Co-operative Bank has posted a Sh22 billion net profit for the financial year that ended in December, a 33 per cent jump from the previous period.
The lender recommended a dividend of Sh1.50 per share, a 50 per cent increase on the Sh1 paid out last year, a major boost to the co-operative societies, the bank’s majority shareholders.
