The Co-operative Bank of Kenya assets have now grown to a whooping Ksh671.1 billion as the bank continues to open more branches countrywide.
Based on the just-released financial results, the bank has also moved 91 per cent of its services to digital platforms.
“Furthermore, we are currently leading the digital banking wave with 91% of transactions now being digital.
“Together we will create more value for our customers and shareholders in 2024,” the bank said in a statement.
The bank’s profit growth in 2023 shot by 10 per cent to Ksh32.4 billion.
“With a 10% profit growth to Kshs 32.4 Billion and a strong financial standing, our assets have grown to Kshs 671.1 Billion, and we’ve disbursed a total of Kshs 374.2 Billion in loans,” the bank added.
See the infographics below for more details.