COOP Bank FY 2013 results

The rhetoric begins... cooperative movement in Kenya largest in Africa, accounts for 25% of total business etc.
And Nation live feed fails as usual
http://www.nation.co.ke/video/-...80/-/25ky4x/-/index.html


SterlingCapitalLtd @SterlingNairobi
@Coopbankenya results kick off at the Hilton with a prayer.
@Coopbankenya account base of 4.1mn. Cross selling opportunities since 76% have only 1 account

@Coopbankenya branch network now has 134 branches, 4 mn customer accounts; Agencies 7099, 1.32mn in MBanking, 631k under saccos.

@Coopbankenya South Sudan subsidiary launched in 2013 with 51% shareholding. 3.2mn dollar loss recorded in 2013.

@Coopbankenya Loan Book +15% to 137.1bn, NPL ratio at 4.3% frm 5%, Liquidity 32.6% frm 35.5%, PBT +9% to 10.87B, PAT +18% to 9.11B, EPS 2.19

So cic and cop bank decided to reward shareholders with bonuses??good gesture

The book are still open even if you bought them today you would still be eligible, they will remain open till a certain day when the books will be closed for payments. am still looking for a copy of the results so I don't have the actual dates.

not sure ,probably not just as cic

Clearly you have not been in this business for long to realise that in some counters, like EABL, bonus shares always qualify for dividends.