How much will I earn if I invest Ksh 1,000,000 at Co-operative Bank of Kenya for 1 years?

At Co-operative Bank of Kenya's weighted-average deposit rate of 6.44% per the Central Bank of Kenya (May 2025), a Ksh 1,000,000 deposit grows to approximately Ksh 1,066,335 after 1 years. That's about Ksh 66,335 of interest, assuming monthly compounding and no withdrawals.

What is Co-operative Bank of Kenya's deposit rate right now?

Co-operative Bank of Kenya publishes a weighted-average deposit rate of 6.44% (May 2025, Central Bank of Kenya).

Would a Kenyan Money Market Fund earn more than Co-operative Bank of Kenya?

Yes — Cytonn Asset Managers's Cytonn Money Market Fund currently yields 9.39% net of 15% withholding tax. The same Ksh 1,000,000 invested there for 1 years would grow to about Ksh 1,098,049, meaningfully more than Co-operative Bank of Kenya's Ksh 1,066,335.

Co-operative Bank of Kenya · CBK May 2025

Invest Ksh 1,000,000 at Co-operative Bank of Kenya for 1 years.

At Co-operative Bank of Kenya's current weighted-average deposit rate of 6.44%, a Ksh 1,000,000 deposit grows to about Ksh 1,066,335 after 1 year — about Ksh 66,335 in interest, assuming monthly compounding and no withdrawals.

Final balance

Ksh 1,066,335

1.07× your deposit

Deposited

Ksh 1,000,000

One-off, no withdrawals

Interest earned

Ksh 66,335

At 6.44% p.a.

Year by year

Contributions form the floor; interest compounds on top.

Could you earn more elsewhere?

The same Ksh 1,000,000 in Cytonn Money Market Fund — currently Kenya's top-yielding MMF at 9.39% net of 15% WHT — would grow to about Ksh 1,098,049 over the same 1 year. Run your own numbers on the compound interest calculator.

Similar scenarios at Co-operative Bank of Kenya