Absa Bank Kenya
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News
Absa expands its banking reach with a new pod in Mombasa
Absa Bank Kenya has launched a Sales and Service Pod at Nyali Bazaar Mall in Mombasa, expanding its banking services…
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News
Eric Muriuki joins Absa as the bank rebuilds its Pan-African digital strategy
Eric Muriuki joins Absa Group at a point when the banking industry is becoming more focused on digital platforms, everyday…
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News
Absa Next aims to simplify how entrepreneurs manage business payments, working capital and personal finances
For many small business entrepreneurs, running a business is much more than just making sales, there is customer payments, supplier…
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News
Inside Absa Next and the strategy behind Absa’s new digital banking platform
Absa Next is a new digital finance platform from Absa Bank Kenya that brings banking, payments, credit, savings, investments and…
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News
Kenyan banks turn to digital scale as lower rates squeeze traditional income
Kenyan banks are finding that the maths of banking looks different as interest rates come down. Loan yields are falling,…
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News
Beyond extraction: Africa’s investment story is increasingly about value creation and industrial growth
Africa’s investment opportunities are moving beyond the traditional story of extracting natural resources and exporting them in raw form. At…
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BUSINESS
Absa launches all-in-one app in push for digital customers
Absa Bank Kenya has launched a digital platform that bundles banking, savings, investments, loans and lifestyle services into a single…
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News
Kenyan banks are raising dividends as CBK proposes tighter capital-linked payout rules
Kenya’s new bank capital proposals could change how CBK controls bank dividend payouts by tying the amount lenders can return…
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BUSINESS
Absa Bank Kenya names Yusuf Omari as CEO
Absa Bank Kenya has appointed Yusuf Omari as its Managing Director and Chief Executive Officer with immediate effect, confirming him…
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News
Absa’s HY2026 earnings put deposit quality ahead of short-term margins
Absa Bank Kenya’s half-year results landed with a headline that was hard to miss: an interim dividend raised by 150%…
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News
Absa Bank Kenya posts Kshs 10.5bn half-year profit on deposit, asset growth
Absa Bank Kenya PLC has posted a profit after tax of Kshs 10.5 billion for the half-year ended June 30,…
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News
East Africa’s investment banking playbook is changing as pension capital takes centre stage
East Africa investment banking trends are no longer being defined by larger loans alone. According to Absa’s East Africa Director…
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News
Absa’s sale of First Assurance Kenya returns a controlling stake to a Mudavadi-linked investment firm
Absa Group has agreed to sell its entire 63.32 percent stake in First Assurance Kenya and Absa Life Assurance Kenya…
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News
Absa speeds up debt review with AI-powered OCR
Absa Bank has significantly reduced the time it takes to process debt review documents after deploying an artificial intelligence (AI)…
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News
Absa’s Tender Offer May Not Be the End of Its Kenya Buying Spree
When Absa Group announced plans to raise its stake in Absa Bank Kenya, attention centred on its Sh30.9 billion tender…
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News
Absa, Unilever Launch KES 4bn Programme to Finance Distributors
Absa Bank Kenya and Unilever Kenya have launched a KES 4 billion financing programme aimed at easing working capital challenges…
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News
Absa Bank Kenya Backs Gen Z Connect to Grow Young Talent
Absa Bank Kenya has announced a strategic partnership with Gen Z Connect by Executive Connect to expand opportunities for young…
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News
Abdi Mohamed Leaves Absa Kenya After 17 Years to Lead I&M Bank
Abdi Mohamed has resigned as Absa Bank Kenya chief executive officer, ending a three-year tenure that coincided with one of…
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BUSINESS
Absa Bank Kenya CEO Abdi Mohamed Resigns
Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up…
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News
Why Absa Believes More Growth Will Come From Kenya
When Absa Group announced plans to spend Sh30.9 billion to raise its ownership in Absa Bank Kenya from 68.5 percent…
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BUSINESS
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
Absa Bank Kenya PLC has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of…
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News
Absa Kenya Wins Best Retail Bank Award as Digital Banking Growth Accelerates
Absa Bank Kenya PLC has been recognised as the Best Retail Bank in Kenya by the Global Banking and Finance…
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BUSINESS
Absa Bank Kenya Posts 10% Profit Growth, Raises Dividends
Absa Bank Kenya PLC has reported a 10% growth in profit after tax to Kshs. 22.9 billion for the financial…
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BUSINESS
Absa Bank opens first flagship La Riba branch in Nairobi
Absa Bank Kenya has opened its doors to customers at its newest branch located at the BBS Mall, one of…
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BUSINESS
Absa Bank Kenya introduces online account opening platform
Absa Bank Kenya will spend nearly Ksh. 2 billion on upgrading its digital systems to improve customers’ banking experience. Among…
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News
KEPSA, Absa Bank partner to provide digital skills to one million youth in Kenya
The Kenya Private Sector Alliance (KEPSA) has announced a partnership with Absa Bank Kenya to empower one million young Kenyans…
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