Co-op sees 1.8Bn boost after McKinsey reforms
http://www.businessdaily...-/11csbx1z/-/index.html
Co-operative Bank of Kenya expects the 23 branches that made losses in 2014 to become profitable as cost-cutting measures initiated late last year start to bear fruit.
Addressing shareholders during the bank’s annual general meeting (AGM) held yesterday, chief executive Gideon Muriuki, said 13 of the 23 branches had already broken even in the first quarter, with the remaining expected to turn around this year, boosting profitability.
http://www.nation.co.ke/...6/-/134p0pd/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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