--Profit before tax declined by 10% to Sh9.3 billion for half-year 2017,compared to Sh10.4b recorded same period last year.
--Net Profit at Sh6.6 billion from Sh7.4 billion recorded same period 2016.
--Total interest income went down from Sh21.47 billion to Sh19.26 billion with interest on loans and advances declining by 9 percent despite a 14.2 percent increase in net loans and advances.
--Customer deposits grew 3 percent to Sh287.2 billion compared to Sh279.6 billion in the same period last year
--Shareholders’ funds grew from Sh57.9 billion to Sh64.5 billion, a growth of 11.3 percent.
--Total assets hit 383.3 billion compared to Sh363 Billion in the same period last year as expenses dropped by 17 percent.
--Foreign exchange income increased by 28.2 percent to Sh1.24 billion.
--Co-operative Bank of South Sudan, a unique Joint Venture (JV) partnership with Government of South Sudan (Co-op Bank 51 percent and GOSS 49 percent) made a marginal loss of Sh60,000 in the period under review owing to hyperinflation occasioned by the devaluation of the South Sudanese currency.
The bank’s board did not recommend an interim dividend.
https://www.co-opbank.co...ns-and-financial-resultsWealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle