Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Cooperative Bank of Kenya Advances on Profit Bets: Nairobi Mover

March 6 (Bloomberg) -- Cooperative Bank of Kenya Ltd., the East African nation’s fifth-biggest lender by market value, jumped the most in two and a half years on speculation full-year earnings will grow.

The stock surged 7.9 percent to 12.95 shillings at the 3 p.m. close in Nairobi, the capital, the biggest gain since June 2009.

“I would expect it to rise on expectations of earnings; I expect at least 30 percent growth in earnings after tax,” Renaldo d’Souza, a research analyst with Genghis Capital Ltd., said by phone from Nairobi today.

To contact the reporter on this story: Eric Ombok in Nairobi at

To contact the editor responsible for this story: Shaji Mathew at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.