Absa Bank Kenya are this year’s overall winners of the Banking Industry Sustainable Finance Summit & Catalyst Awards 2024, setting a defining moment for the Kenyan lender. According to Absa Bank, …
Absa Bank Kenya PLC has reported a profit after tax of Kshs. 14.7 billion for the third quarter ending September 30, 2024, reflecting a 20% increase compared to the same …
Absa Bank Kenya has renewed its commitment to the evolving needs of modern-day customers while reaffirming its focus on the affluent segment with an expanded, differentiated offering. The reorganized affluent …
Absa Bank Kenya hosted entrepreneurs, industry experts, and key stakeholders for an empowerment forum in Mombasa to explore business opportunities for Small and Medium Enterprises (SMEs) in the coastal region. …
Absa Bank Kenya, in partnership with Visa, a global leader in digital payments, has introduced an exclusive Infinite Card, becoming the first bank in Kenya to launch a card in …
Last month, a red caravan made a colorful entrance into Ruaka town. The goal was to mark the expansion of Absa’s agency network, which now has 3,000 outlets across the …
Absa Bank Kenya CEO Mr. Abdi Mohamed has been recognized for excellence in brand building and leadership by the prestigious 2024 Africa Brand Leadership Awards. Absa tapped Mr. Mohamed to …
Absa Bank Kenya is enhancing its Corporate and Investment Banking offering in the market, aiming to provide more personalized solutions, strategic insights, and proactive support to its clients. The Bank …
Absa Bank Kenya PLC has reported a profit after tax of Kshs.10.7 billion for the half year ended 30 June 2024, a 29% increase over the same period last year, …
I&M Group PLC has increased its Profit Before tax by 24% to KES 8.7 billion in the first half of 2024, up from KES 7.0 billion in the same period …
Small and Medium-Sized Enterprises can now access affordable insurance services for extensive protection of business assets, mitigation of risks, employee health, and seamless business continuity. This bundled insurance innovation, dubbed …
More than 860 primary school students are set to benefit from Absa Bank’s Computer for Schools project in Nyeri as part of the Bank’s sustainability initiative to enhance digital literacy …
Absa Bank Kenya PLC has announced a commendable 34% growth in its profit after tax to Kshs.5.9 billion for the period ending 31 March 2024, which illustrates the Bank’s progress …
Absa Bank Kenya has kicked off County Empowerment Forums that seek to explore the business opportunities for Small and Medium Enterprises (SMEs) and boost growth for the sector across the country …
Kenyan businesses, like those in many other parts of the world, have faced numerous challenges over the last year. Disruption of the global supply chain, as well as the recent …
Kenya is hoping to use the high-profile Absa KipKeino Classic to bolster the country’s bid to host a athletics global event in 2029. Athletics Kenya President General Jackson Tuwei said …
More than ever before, now is an opportune time to take bold steps required to address and mitigate the causes and effects of climate change around the world. African countries …
We all agree the past few years/months, our operating environments have not all been rosy in the post-pandemic era. Businesses globally and locally continue to face the brunt of global …
Over the past few years, Micro, Small, and Medium Enterprises (MSMEs) in Kenya have experienced challenges that have significantly impacted their operations and viability. From inadequate government support and poor …
Absa Bank Kenya colleagues drawn from various Absa branches in Nairobi and Thika have embarked on a series of community outreach initiatives that will be rolled out throughout the festive …
Absa Bank Kenya has today increased the interest rate on deposits in the Absa Digital Savings account to 10% per annum, up from 9% per annum, effective from December 12, …
Absa Bank Kenya’s Mobile Banking Wallet, Timiza recorded a 35.7% Year-on-Year growth in loan disbursements to KES 14.8 billion during the first nine months of this year up from KES …
Absa Bank Kenya PLC has reported net earnings of Kshs.12.3 billion for the nine months ended 30 September 2023, a 15% increase over the same period last year, driven by …
Imagine opening a bank account where you get access to everything from savings, loans, investments, and insurance to rewards without any hustle. Imagine having such an account that does not …
Absa Bank Kenya marked the National Tree Planting Day by commissioning a KES 2 million tree planting initiative that will see over 30,000 tree seedlings planted in forests within Kiambu …
There are so many analogies that surround the notion of savings. Some say you should save; some say there is no need. Some say save until hurts, while some say …
Absa Bank Kenya PLC plans to double its sustainable finance allocation to KES120 billion in two years as part of its refreshed sustainability commitment. While unveiling the Bank’s Sustainability Report …
Singer and businesswoman Akothee has called out Absa Bank Kenya for failing to update her on an ongoing case where a man stole more than 700,000 shillings from her business …
Absa Bank Kenya PLC has announced the re-introduction of a China Desk to offer tailor-made solutions to the growing community of Chinese investors and businesspeople operating in Kenya and the …
Absa Bank Kenya PLC has organized a seven-day business tour to Cape Town for its Business Club members. This will take place through organized site visits and one-on-one business networking …
Students from the Western and North Rift regions will benefit from Absa Bank’s digital literacy program following the installation of computer labs in 17 schools in the area. The initiative …
Absa Bank Kenya has partnered with Visa, a global leader in digital payments, to introduce the Absa Mobi Tap solution, a market-first payment solution that allows small businesses to accept …
Absa Bank Kenya has today kicked off a 150,000-mangrove tree reforestation initiative at Jomvu Kuu and Majoreni Forests in Mombasa and Kwale Counties. The initiative, undertaken in partnership with the …
Commercial real estate is thriving in Kenya, the largest market in the East African region, with a gross domestic product worth $118.1bn. The sector genuinely stands out as one of …
Absa Bank Kenya marked World Environment Week by planting over 100,000 trees in Embu County in partnership with the Environmental Interaction Organization, Kenya Forestry Service, and the local Community Forest …
Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.4.5 billion for the quarter ended 31 March 2023, representing a 51% growth in comparison to a similar …
Newly appointed Absa Bank Kenya Managing Director and Chief Executive Officer, Abdi Mohamed stepped out into the bustling Kawangware and Dagoretti markets to meet customers in a show of the …
More than 1300 women-owned small businesses have benefited from the SHE Star Program after undergoing blended finance and business development services capacity building aimed at increasing the growth and competitiveness …
KCB Group PLC recorded 40.8 billion shillings in profit after tax for the full year ending December 2022. This was a 19.5 percent rise in profitability from KShs.34.2 billion reported …
Absa Bank Kenya PLC and the eco.business Fund, an impact fund, has announced a 1.26 billion-shilling partnership for the bank to on-lend to domestic and export businesses participating in the …
Premier Bank Limited from Somalia has received approval from the Competition Authority of Kenya (CAK) to acquire a 62.5 percent stake in the struggling First Community Bank in a deal …
Absa Bank Kenya has appointed Abdi Mohamed as Chief Executive Officer (CEO) and Managing Director to replace Jeremy Awori. Jeremy, who left last year, has been appointed as the CEO …
The banking sector in Africa has been growing steadily over the years. There are at least 763 commercial banks located across the 54 countries that make up the African continent. …
Absa Bank Kenya PLC has been named the top employer of choice in Kenya and Africa for a second consecutive year by the Top Employers Institute for excellence in people …
Absa Bank Kenya has today partnered with financing platform Melanin Kapital and the African Guarantee Fund (AGF) to improve access to finance for women-owned and led SMEs through the joint …
Better environmental, social, and governance (ESG) market frameworks helped Kenya move up six points to eighth place out of 26 in the latest Absa Financial Markets Index (AFMI). Kenya obtained …
The Board of Absa Bank Kenya PLC today announces that after nearly 10 years of outstanding leadership, service, and contribution, Jeremy Awori has decided to pursue a career opportunity outside …
Absa Bank Kenya PLC reported a Profit after Tax of 6.3 billion shillings for the half-year period ended June 30, 2022, registering a 13 percent growth as compared to a …
Absa Group’s headline earnings increased 27 percent to R11 billion in the first half of the year as revenue increased, demonstrating a continued strong recovery from the global economic downturn …
Absa Bank Kenya has announced that it will invest more than 2 billion shillings this year in technological upgrades that significantly improve customers’ banking experiences. Part of this investment has …
Absa Bank Kenya, the official private sector sponsor for Team Kenya, has delivered the official traveling kit to the national team ahead of the World Athletics Championships that kick off …
Absa Bank Kenya PLC has today reported a Profit after Tax of 3 billion shillings for the quarter ending 31 March 2022, a growth of 22 percent compared to a …
Kenswitch Kenya Limited and Absa Bank Kenya Plc have formed a partnership that will allow the bank’s customers to access over 2200 ATMs on the Kenswitch network, thereby increasing access …
Absa Bank Kenya has received the International Finance Corporation’s (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification for integrating green building technologies in accordance with global standards. The …
Absa Bank Kenya has today introduced a new doctor’s customer value proposition that will benefit 10,000 medical practitioners affiliated with Kenya Medical Association (KMA). Under this partnership, medical practitioners will …
Absa Life Assurance Kenya (Absa Life), a subsidiary of Absa Group Limited, has recorded an 84 percent growth in profit after tax to 245 million shillings for the period ended …
Absa Group today announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment follows a thorough recruitment and selection process completed by the Board. Arrie, …
Absa Bank Kenya has kicked off a campaign to plant over 3000 fruit trees in several primary schools across the country through the Birdies For Good initiative. This follows an …
Other businesses which are not green- and women-related will receive up to 50 percent of cover.
Absa now joins other organizations such as BAT, Boehringer Ingelheim, DHL Express, DHL Global Forwarding, Infosys, and JTI that have been certified as top global employers for 2022.
Absa Bank Kenya PLC has been recognized as the first bank in Kenya to join the Kenya Green Building Society (KGBS) as a champion for initiatives that promote the green …
Absa Bank Kenya PLC has announced a new funding line for learning institutions and parents who need to obtain the necessary equipment to enable their children to access lessons on …
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