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

Absa Bank to host the SheTrades Kenya Hub for another two years

Staff WriterMay 29, 2023

Absa Bank Kenya has signed an agreement with the International Trade Centre (ITC) that will see the bank host the ITC SheTrades Kenya Hub for another two years....

2 min read

Absa Bank partners with Safaricom and others to plant 2,500 trees at the Kasarani Stadium

Staff WriterMay 15, 2023

Absa Bank Kenya has announced a partnership with Athletics Kenya, Safaricom, Kenya Forestry Service and Stockholm Environment Institute that saw the corporates ...

1 min read

Absa Bank Kenya to sponsor athletics to the tune of Ksh. 60 Million

Staff WriterMay 5, 2023

Absa Bank Kenya has announced a Ksh. 60 million sponsorship of the national athletics season this year. Out of this amount, Ksh. 50 million will be utilised fo...

2 min read

Absa Bank Kenya has appointed Abdi Mohamed as the Managing Director

Staff WriterApril 28, 2023

Absa Bank Kenya PLC board has announced the appointment of Abdi Mohamed to the role of Managing Director and CEO, effective 1 May 2023 following regulatory appr...

2 min read

Absa Life reports a 70% rise in profitability to Ksh. 416.6 million in 2022

Staff WriterApril 26, 2023

Absa Life Assurance Kenya has reported a 70% rise in profitability Ksh. 416.6 million in 2022 up from Ksh. 244.8 million recorded during the same period in 2021...

1 min read

Absa Bank launches food drive to aid over 1,000 vulnerable families as part of Ramadhan celebrations

Staff WriterApril 13, 2023

Absa Bank has launched a food donation drive as part of the ongoing Ramadhan celebrations that will impact over 1,000 Kenyans across nine counties. The drive ta...

1 min read

Digital inclusion is key to bridging the gender divide to ensure sustainable economic growth

Samson NderiApril 11, 2023

This year’s International Women’s Day, marked under the United Nation’s theme “DigitALL: Innovation and technology for gender equality”, was commemorated agains...

3 min read

Absa Bank reports an increased net profit of Ksh. 14.6B in FY 2022

Samson NderiMarch 14, 2023

Absa Bank Kenya has today reported a profit after tax of Ksh. 14.6 billion for the year ended 31 December 2022. This is a 34% increase in comparison to the prev...

1 min read

Absa Bank Kenya plans to plant 200,000 trees this year

Makena Ndung'uMarch 10, 2023

Absa Bank Kenya has committed to planting 100 trees for every birdie scored at the Magical Kenya Open (MKO) 2023, which began yesterday at the Muthaiga Golf Clu...

1 min read

Jeremy Awori has officially assumed his role as CEO of Ecobank Group

Staff WriterMarch 3, 2023

Ecobank Group has announced that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. Jeremy Awori brings with him ove...

1 min read

Absa Bank announces a sponsorship package for the Kenyan golfers at MKO worth Ksh. 2.7 Million

Staff WriterMarch 2, 2023

Absa Bank Kenya has announced that it will provide a sponsorship package worth Ksh. 2.7 Million to the nine local golfers headlining this year’s edition of the ...

2 min read

Absa Bank to invest Ksh. 70 Million in the Magical Kenya Open Golf tournament

Staff WriterFebruary 21, 2023

Absa Bank Kenya has announced a sponsorship of Ksh. 70 million as the official Presenting Partner of the 2023 Magical Kenya Open (MKO) tournament set to be held...

2 min read

Faith Kipyegon shines at the Sirikwa Cross Country Classic

Staff WriterFebruary 5, 2023

Faith Kipyegon emerged the winner at the Sirikwa Cross Country Classic in 33 minutes and 50 seconds, ahead of second placed Commonwealth steeplechase champion J...

1 min read