Co-op Bank Rides on Digital Growth and Customer-Centric Strategy to Post Strong Half-Year 2025 Results

The Co-operative Bank of Kenya has announced a robust half-year performance for the period ending June 30, 2025, underscoring its resilience and adaptability in a challenging economic climate.

The Group reported a profit before tax of Ksh 17.5 billion, representing an impressive 11% growth compared to KSh 15.8 billion recorded in the same period last year.

Profit after tax stood at KSh 12.4 billion, reflecting sustained profitability driven by strategic investments in digital banking, diversified revenue streams, and a strong focus on customer experience.

Total assets surged to Ksh730.8 billion, up from Ksh671.1 billion in June 2024, signaling steady balance sheet growth.

Customer deposits also rose significantly to Ksh543.7 billion, from Ksh497.4 billion the previous year, supported by the bank’s extensive branch network, digital channels, and agency banking model.

The bank’s digital banking platforms continued to deliver stellar performance, with over 85% of all transactions now happening outside physical branches.

Mobile and internet banking uptake has grown rapidly, offering customers seamless and secure services.

Co-op Bank’s non-interest income registered notable growth, reaching KSh 14.2 billion from KSh 12.6 billion, boosted by increased transaction volumes across digital channels and trade finance.

Meanwhile, net interest income rose to Ksh25.6 billion, up from Ksh23.8 billion, reflecting prudent asset-liability management.

The Group maintained a strong capital position, with total capital adequacy at 18.5%, well above the regulatory minimum.

Liquidity levels remained healthy at 42.3%, positioning the bank to meet customer needs and pursue growth opportunities.

Group Managing Director & CEO Gideon Muriuki credited the performance to the bank’s cooperative model, strong partnerships, and relentless innovation in delivering value to members and customers alike.

“Our focus remains on deepening financial inclusion, growing our digital footprint, and supporting key sectors of the economy, particularly SMEs and the cooperative movement,” Muriuki said.

Looking ahead, Co-op Bank aims to further leverage its technological investments, diversify its offerings, and strengthen customer relationships as part of its long-term growth strategy.