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Co-op Bank Qtr 1 Profit before tax increases by 31%
The Coop bank Group reports a remarkable profit before tax of Kshs 3.23 Bn for Qtr 1 ended 31 March 2013 compared to Kshs 2.47 Bn recorded for the same period in 2012.
The 31% rise in profits is the highest growth rate among Tier I banks, which sustains the pace set in the Full Year 2012 Financials where Coop Bank posted a 57% growth in profit before tax, which was again the highest among Tier I banks.