Co-operative Bank of Kenya (Co-op Bank) has reported a significant 8.4% growth in profit after tax for the first half of 2024, reaching Sh14.1 billion. This growth is attributed to strong income generation and an aggressive expansion strategy across digital platforms and physical branches in Kenya and South Sudan.

• Co-op Bank's net earnings increased by Sh1.1 billion to Sh14.1 billion, up from Sh13 billion in the same period last year.
• The bank has opened 15 new branches this year, bringing its total to 212, including five in South Sudan.
• Over 90% of customer transactions are now conducted through Co-op Bank's digital and alternative channels, with M-Co-op Cash disbursing Sh36.4 billion in loans year-to-date.