Kenya's Co-op Bank Q3 pretax profit up 10 pct

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NAIROBI | Thu Nov 12, 2009 11:21pm EST

NAIROBI Nov 13 (Reuters) - Kenya's Co-operative Bank (COOP.NR) said on Friday pretax profits for the period ending September 30 rose by 10 percent to 2.85 billion Kenyan shillings ($38.18 million).

The bank, Kenya's fourth-largest by assets, posted a pretax profit of 2.59 billion shillings in a similar period a year ago. In an unaudited statement published in newspapers, the bank said its total assets increased by 26 percent to 98.78 billion shillings. (Reporting by George Obulutsa)

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