Absa Bank net profit for Q1 2025 rises by 4% Ksh. 6.2 billion

Samson NderiMay 27, 2025

Absa Bank Kenya PLC has announced that it has reported a profit after tax to Ksh. 6.2 billion for the period ended 31 March 2025. This is a a 4% growth from the...

2 min read

Absa Kenya Foundation has planted 350,000 mangrove trees at the Coast as part of its conservation efforts

Samson NderiMay 26, 2025

Absa Kenya Foundation has today launched the next phase of its coastal restoration programme at the Sabaki Estuary in Malindi. The foundation has planted 200,00...

2 min read

Absa partners with Women’s World Banking to support women entrepreneurs in Kenya

Samson NderiMay 15, 2025

Absa Bank Kenya has announced a strategic partnership with Women’s World Banking, aimed at deepening financial inclusion and promoting economic empowerment of w...

2 min read

Absa Bank to offer customers 110% mortgage facility

Staff WriterApril 15, 2025

Absa Bank Kenya has unveiled an enhanced home loan solution offering 110% financing to help Kenyans to become homeowners. The facility is available at competiti...

2 min read

Absa launches an enhanced Prestige Banking offering for entrepreneurs & employees

Staff WriterFebruary 25, 2025

Absa Bank Kenya has launched an enhanced Prestige Banking offering, a financial proposition designed for salaried professionals and entrepreneurs. The enhanced...

2 min read

Athletes receive financial wellness training ahead of the 2025 Absa Sirikwa Classic World Cross Country Tour

Makena Ndung'uFebruary 21, 2025

Absa Bank Kenya has intensified its support for athletes beyond the track by organising a financial management and nutrition program for 105 athletes in prepara...

2 min read

Absa Bank to sponsor the Sirikwa Classic Cross Country athletics with Ksh. 11 million

Makena Ndung'uFebruary 13, 2025

Absa Bank Kenya has renewed its sponsorship of the Sirikwa Classic Cross Country with a Ksh. 11 million investment in this year’s edition. The bank are the titl...

2 min read

Absa Bank is taking its customers for business engagements in Estonia & Finland

Makena Ndung'uFebruary 11, 2025

Absa Bank Kenya is taking its Absa Business Club members to Estonia and Finland for a series of business engagements designed to unlock new trade and investment...

2 min read

How Kenyan banks are empowering the youth through training programs

Staff WriterNovember 20, 2024

With the prevailing tough economic conditions, Youth unemployment in Kenya has risen to an estimated at 12.23%. This is according to a World Bank report that wa...

3 min read

Absa trains Rift Valley SMEs on how be resilient during uncertain times

Staff WriterNovember 18, 2024

Absa Bank Kenya hosted entrepreneurs, industry experts and key stakeholders for a business club forum in Eldoret. This was in a bid to empower them to build res...

2 min read

Absa hosts Business Club Forum to empower SMEs in Western Kenya

Staff WriterNovember 8, 2024

Absa Bank Kenya hosted 200 business leaders in Kisumu for a Business Club Forum as part of the Bank’s Western Kenya Caravan. The forum concluded the week’s act...

1 min read

Absa Bank & IFC train over 600 suppliers on corporate procurement

Grace MathekaOctober 25, 2024

Absa Bank Kenya has partnered with the International Finance Corporation (IFC) to provide training for over 600 suppliers in the past two years. The training ha...

2 min read

Absa Kenya Foundation donates books & learning materials to Kisumu High

Grace MathekaOctober 14, 2024

Absa Kenya Foundation (AKF) has handed over Ksh. 600,000 worth of textbooks and learning materials valued at Ksh.  60,000 to Kisumu Day and Boarding High School...

1 min read

Absa Bank launches Foundation to drive its social-economic impact

Grace MathekaOctober 8, 2024

Absa Bank Kenya has officially launched the Absa Kenya Foundation (AKF). The Foundation is expected to accelerate its positive impact and sustainability commitm...

1 min read

Absa Bank unveils expanded offering for its affluent customers

Grace MathekaOctober 1, 2024

Absa Bank has renewed its commitment to the needs of modern-day customers, while reaffirming its focus on the affluent segment with an expanded offering. The...

2 min read

Absa hosts business empowerment forum for SMEs in Mombasa

Grace MathekaSeptember 25, 2024

Absa Bank recently hosted entrepreneurs, industry experts, and stakeholders for an empowerment forum held in Mombasa. The forum's key focus was to explore busin...

1 min read

Absa Bank advanced Ksh. 36.9 Billion in inclusive financing in 2023

Staff WriterSeptember 5, 2024

Absa Bank has indicated that it advanced close to KES 60 billion in sustainable finance in 2023. This figure, contained in the Bank’s Sustainability Report for...

2 min read

Absa Bank strengthens its corporate banking with more personalized solutions

Grace MathekaSeptember 3, 2024

Absa Bank Kenya is making a move to enhance its Corporate and Investment Banking offering in the market. The new strategy aims to provide more personalized solu...

1 min read

Absa KOMA Program; Enabling SMEs to build sustainable businesses

Samson NderiAugust 30, 2024

In Kenya, statistics indicate that over 70% of businesses fail within the first three years. This translates to a about 23.3 percent per year attrition on the i...

3 min read

Absa Bank reports a Ksh. 10.7 Billion profit after tax in H1 2024

Staff WriterAugust 26, 2024

Absa Bank Kenya has reported a profit after tax of Kshs.10.7 billion for the half year ended 30 June 2024. This represents a 29% rise as compared to Ksh. 8.3 Bi...

2 min read

Absa Bank Kenya to open 17,000 agency outlets in two years

Staff WriterAugust 22, 2024

Absa Bank Kenya has indicated that it plans to open over 17,000 agency service outlets across the country in two years. The first phase of the rollout will see...

2 min read

Absa Bank reports a Ksh. 5..9 Billion net profit for Q1 2024

Staff WriterMay 29, 2024

Absa Bank has reported a profit after tax of Kshs.5.9 billion for the period ended 31 March 2024. This is a 34% growth as compared to Ksh. 4.5 billion posted fo...

2 min read

How Absa is encouraging customers to become environmentally conscious

Staff WriterJanuary 24, 2024

Do you prefer to have your bank statements printed or shared electronically? Did you know that the fees charged for your bank statements depend on whether they ...

2 min read

Absa Bank named as the Top Employer in Kenya for the third consecutive time

Staff WriterJanuary 18, 2024

Absa Bank has been named as the Top Employer of choice in Kenya and Africa for the third time in a row. This reaffirms its commitment to delivering a diverse, e...

2 min read

Make your Back to School experience easier this January with Absa

Staff WriterJanuary 3, 2024

The back-to-school season is here with us with parents preparing for the excitement and challenges of getting their children ready for another term of learning....

2 min read

Absa Bank outreach initiative to benefit 2,000 people in four counties

Staff WriterDecember 19, 2023

Absa Bank Kenya has embarked on a series of community outreach initiatives which will be done by branch staff. The outreach is expected to impact at least 2000 ...

1 min read

Absa Bank posts a Ksh. 12.3 Billion net profit for Q3 2023

Staff WriterNovember 24, 2023

Absa Bank  Kenya has posted a Kshs.12.3 billion net profit for the nine months ended 30 September 2023. The rise in profitability was on the back of a 20% grow...

2 min read

Upgrade your lifestyle without breaking the bank with Absa Buy Now Lipa Pole Pole

Samson NderiOctober 30, 2023

Ladies often say that shopping is therapeutic something which I couldn't get my head around because I have always viewed it as a hustle. However, over time I ha...

3 min read

Absa Bank commits Ksh. 100 billion in funding to support SMEs in Kenya

Gladys WamuyuOctober 25, 2023

Absa Bank Kenya has announced a Ksh. 100 billion funding commitment to help the development of Small and Medium Enterprises (SMEs) across various value chains o...

1 min read

Absa Bank donates desks and chairs to Mombasa’s Maweni Primary

Gladys WamuyuOctober 4, 2023

More than 1200 pupils at Maweni Primary School in Nyali sub-County, Mombasa have received a major boost after Absa Bank Kenya distributed desks and chairs in a ...

1 min read

James Gichuru wins Ksh. 1 Million in the Absa Bank Imarika na Assist ya Mita campaign

Staff WriterSeptember 8, 2023

James Gichuru Macharia has emerged as the second winner of the KES 1 million prize in the Absa Bank Kenya Deposit and Win campaign. The award is part of the pro...

2 min read

Absa Bank partners with Unity Homes to offer Tatu City mortgages

Staff WriterSeptember 6, 2023

Unity Homes has announced a partnership with  Absa Bank Kenya that will see potential home buyers to acquire houses in Tatu City through the affordable housing ...

2 min read

Absa Bank net profit rises by 32% to Ksh. 8.3 Billion for Half Year 2023

Staff WriterAugust 29, 2023

Absa Bank Kenya has reported a 32% rise in its net profit to Ksh. 8.3 Billion for Half Year 2023. This is as compared to Ksh. 6.4 Billion that was reported in a...

1 min read

There is a need to mitigate post-harvest losses if we are to achieve sustainable global food security

Staff WriterAugust 10, 2023

The United Nations’ Department of Economic and Social Affairs (UNDESA) estimates that the global population will reach 9.7 billion people by 2050. This prese...

5 min read

All you need to know about the Absa Bank Buy Now Lipa Pole Pole facility

Samson NderiJuly 26, 2023

Absa Bank Kenya launched their Buy Now Lipa Pole Pole product some time last month. The product essentially enables one to make big ticket purchases and pay bac...

2 min read

Five reasons why you should consider the Absa Bank Buy Now Lipa Pole Pole product

Samson NderiJuly 24, 2023

The current economic situation that we find ourselves in as a country has meant that the prices of basic commodities keep going up every other day. This resulte...

3 min read

Financial institutions have a role to play in increasing Africa’s renewable energy adaptation

Staff WriterJuly 12, 2023

The urgent need to combat climate change has thrust renewable energy into the global spotlight. As governments, businesses, and individuals grapple with the cha...

3 min read

Absa Bank launches Buy Now, Pay Later product for its customers

Samson NderiJuly 3, 2023

Absa Bank Kenya has launched a Buy Now, Pay Later feature that is expected to help customers manage their expenses better. Buy Now Lipa Pole Pole, is a self-se...

1 min read

Absa Bank partners with Visa to launch Mobi Tap, a Tap to Pay solution

Samson NderiJune 27, 2023

Absa Bank Kenya has launched the Absa Mobi Tap solution in partnership with Visa. The solution will allow small businesses to accept card-based payments from cu...

2 min read

Absa Bank plants over 100,000 trees at Njukiini Forest in Embu County as part of the World Environment Week

Staff WriterJune 12, 2023

Absa Bank Kenya has planted over 100,000 trees at Njukiini Forest in Embu County as part of the World Environment Week. The exercise was done in partnership wit...

2 min read

Absa Bank announces Ksh. 2 Billion investment in a solar energy project

Samson NderiJune 6, 2023

Absa Bank Kenya has announced a KSh2 billion investment to increase off-grid solar energy adoption across Kenya. This is part of a syndicated finance facility ...

2 min read

Absa Bank reports an improved net profit of Ksh. 4.5 billion for Q1

Samson NderiMay 31, 2023

Absa Bank Kenya PLC has announced that it has reported a profit after tax of Ksh. 4.5 billion for the quarter ended 31 March 2023. This represents a 51% increas...

1 min read