Co-op Bank

Co-op Bank Group is pleased to report a Profit before Tax of Ksh8.15 billion for the first quarter of 2023, representing a 4.67 per cent growth compared to Ksh7.78 billion recorded in the first quarter of 2022. 

This represents a Profit after Tax of Ksh6.1 billion compared to Ksh5.8 billion reported in 2022, a 5.2 per cent growth.

The strong performance of the bank is in line with the group's strategic focus on sustainable growth, resilience, and agility.

Co-op Bank has made a significant move to reduce the interest rates charged on Personal Loans and Asset Finance to selected key borrowers from 14 per cent per annum to 13 per cent p.a. with effect from April 1 this year.

This rather ‘contrarian approach’ bucks the industry trend where the majority of the lenders are revising lending rates significantly upwards, especially in light of the recent upward adjustment of CBR by a huge 75 basis points to 9.5 per cent.

The biggest perk about government jobs is that they are permanent and pensionable. This was one of my father's advice when I was selecting universities. 

I was now looking into taking a personal loan worth Ksh8 million and a mobile loan of up to Ksh500,000. Would I buy a car or land? 

I can’t remember if I ever desired to be a teacher during my primary school years. I had different ambitions but fell in love with teaching in my latter secondary school years. 

Co-operative Bank customers can now access affordable housing loans to purchase developed residential homes and buy plots to build residential homes.

The new mortgages were the highlight of the Co-operative Bank and Kenya Mortgage Refinance Company (KMRC) stakeholder’s workshop at the Fairmont Norfolk Hotel on Thursday, 23 March 2023.

It may be recalled how shocked Kenyans were when reports began filtering in the media last year January 2022 that the multinational food giant KFC has run out of ‘fries’ for customers following the non-delivery of potatoes from their overseas suppliers.

That potatoes for consumption by Kenyans had to be imported was a major surprise amidst the perennial woe and cry by Kenyan potato farmers, especially in the potato-glut zone of Nyandarua of the lack of market for their produce.

Co-operative Bank of Kenya has emerged as the overall winner of the customer satisfaction survey conducted by the Kenya Bankers’ Association (KBA).

The survey was conducted by interviewing over 33,000 customers of all member-banks of KBA.

The recent Competency-Based Curriculum (CBC) caught teachers more off-guard than parents. Some of you wish to debate, but we can organise such a session later. 

Okay, picture this. We had planned for junior secondary schools to be domiciled in High Schools, but the government decided otherwise. 

It was directed that junior secondary, Grades 7 to 9, be domiciled in primary school. Were we ready for more students? I can’t say. 

But sometimes we miss our students. Oh! I mean your children. Haa. 

Love isn’t for February only during Valentine's, so I learnt. Hata in Njaa-nuary (January), love is always in the air. 

So early this year, I was operated on at a private city hospital. At first, the doctor said the benign tumour (non-cancerous lump) on my hand wasn't a cause for worry.

I turned up like every patient the day before and registered for admission, 

In a will, one always lists their wishes and how they would love their family to live. You can clarify how your wealth should be shared.

It is signed before two or more witnesses before the testator passes away. 

As I lay rose flowers on my husband’s grave five months after he passed away, I finally felt obliged to open his will.