PUBLIC ANNOUNCEMENT
The Bank hereby clarifies that the proposed dividend payment will be paid to the shareholders registered in the Bank’s Register at the close of business on 30th May, 2018.
The Register will remain closed for one day on 31st May, 2018 for preparation of dividend warrants.
This public announcement supercedes any other notice previously issued.
By Order of the Board
Samuel M. Kibugi
Company Secretary
3rd May, 2018
Co-operative Bank of Kenya Ltd is regulated by the Central Bank of Kenya

In the morning or afternoon

Co-operative Bank records a profit before tax of Sh4.9 billion for first quarter of 2018, a 9 per cent rise, on the back of strong growth in earning assets and cost control.
Total operating income grew by 8.4 percent to 10.9 billion shillings. Customer deposits continue to grow, to stand at just under 300 billion shillings
Cooperative Bank of South Sudan has turned around and made a profit of Ksh32.4M compared to a loss of Ksh34.7M in the 1st quarter of last year.
Net loans and advances growing by Kshs 6.97 billion to Kshs 252.8 billion.
Total assets for the lender are approaching 400 billion shilling mark, now standing at 397.8 billion shillings.

COOP 1Q18

1 NON PERFORMING LOANS AND ADVANCES (Kshs. 000)
a) Gross non-performing loans and advances: 28,368,540
b) Interest in suspense: 767,444
c) Total Non-performing loans and advances (a-b): 27,601,096
d) Loan loss provisions: 7,911,348
e) Net Non performing loans (c-d): 19,689,748
f) Discounted Value of Securities 14,375,631
g) Net NPLs Exposure (e-f): 5,314,117