Absa partners with Melanin Kapital to launch unsecured lending for startups

Grace MathekaSeptember 24, 2021

Absa Bank has partnered with Melanin Kapital, a Pan African investment platform, to launch an investor readiness program to offer up to Ksh. 3 million in unsecu...

1 min read

Absa Bank to sponsor the KipKeino Classic to a tune of Ksh. 20 million

Grace MathekaSeptember 13, 2021

Following the conclusion of the World Athletics Diamond League Series in Zurich, attention now turns to the Continental Tour Gold Series whose final stop for 20...

2 min read

Absa Bank posts a profit after tax of Ksh. 5.6 billion for the half year ending June, 2021

Grace MathekaAugust 26, 2021

Absa Bank has reported 846% increase in profit after tax to Ksh. 5.6 billion for the period ending 30th June, 2021 compared Ksh. 0.6 billion posted in a similar...

2 min read

Absa Bank launches WhatsApp banking in a bid to enhance customer experience

Grace MathekaAugust 11, 2021

Absa Bank has launched a new innovation that allows its customers to access their bank accounts and transact via WhatsApp. Through this solution, Absa custom...

2 min read

Dr. Laila Macharia & Andrew Musangi have been appointed to the Centum Board

Grace MathekaJuly 29, 2021

Centum Investment Company has appointed Dr. Laila Macharia as the new Vice-Chairperson of the board and Mr. Andrew Musangi as a member of the board. Dr. Mach...

1 min read

Absa Bank begins donation drive to 46 special needs schools in Kenya

Grace MathekaMay 26, 2021

Absa Bank has started off a countrywide initiative to support 46 special needs schools. In line with its Sustainability and Corporate Citizenship Agenda, the ba...

2 min read

Absa Bank reports an improved Ksh. 2.4B net profit in Q1 2021

Staff WriterMay 21, 2021

Absa Bank Kenya has reported profit after tax to Ksh. 2.4 billion for the period ending 31 March 2021. This is a 24% increase compared to a similar period last ...

2 min read

Absa Bank launches “She Business Account” targeted at women entrepreneurs

Grace MathekaMay 7, 2021

Absa Bank Kenya has announced its commitment to impact over 1 million women entrepreneurs over the next five years with a new proposition. The new proposition, ...

2 min read

Daniel Mminele resigns as Absa Group Chief Executive

Grace MathekaApril 21, 2021

The Absa Group Board and the Group Chief Executive, Daniel Mminele has announced the latter's exit as a director and Group Chief Executive. Mr. Mminele will be ...

1 min read

Absa Kenya launches Asset Management subsidiary to enhance service delivery

Grace MathekaApril 14, 2021

Absa Bank Kenya has launched the Absa Asset Management Limited (AAML), a subsidiary of the bank aimed to offer fund and wealth management solutions for its cust...

2 min read

Absa bank rolls out contactless payment solution for convenience and safety

Grace MathekaApril 10, 2021

Absa Bank has initiated a contactless payment solution with the launch of a new vertical card, with an aim of enhancing their customer experience. The new so...

1 min read

Absa Bank registers Ksh. 6.5 billion profit in latest financial report

Grace MathekaMarch 24, 2021

Absa Bank has reported profit of Ksh. 6.5 billion after tax, a 23% decline compared to a similar period last year. The decline is attributed to the downturn eco...

3 min read

Absa partners with The European Tour to raise funds for the Birdies For Good Initiative

Grace MathekaMarch 23, 2021

The European Tour has committed to match Absa Kenya’s donations through the Birdies for Good initiative Absa has been running. The initiative ran through the co...

2 min read

Absa launches initiative to support charities through ‘Birdies for Good’

Grace MathekaMarch 19, 2021

Absa Bank has announced its support for charities through the Birdies for Good initiative during the 2021 Magical Kenya Open and the Kenya Savannah Classic at t...

1 min read

Absa Kenya to sponsor Kenya Open & Kenya Savannah Classic golf tournaments

Grace MathekaMarch 19, 2021

Absa has announced a Ksh. 30 million sponsorship for the Magical Kenya Open (MKO) and Kenya Savanna Classic golf tournaments. The Magical Kenya Open (MKO) is...

1 min read

Absa Group Deputy CEO Peter Matlare passes on due to COVID-19

Grace MathekaMarch 10, 2021

Absa Group has announced the demise of Peter Matlare, Executive Director and Deputy Group Chief Executive. The late Peter Matlare died on 7 March 2021 due to CO...

1 min read

Absa partners with World Vision & Kitui County to alleviate food insecurity in the County

Grace MathekaFebruary 19, 2021

Absa Bank has partnered with World Vision and the County Government of Kitui, to enable vulnerable families recover from the economic impact of COVID-19. The...

2 min read

Absa Kenya celebrates one year since rebranding from Barclays

Grace MathekaFebruary 10, 2021

Absa Bank Kenya has celebrated its one-year anniversary in the Kenyan market since it rebranded from Barclays Bank. The event, held at their Queensway Branch, w...

2 min read

Absa Bank donates Ksh. 2 million to support 1,000 families affected by COVID-19

Grace MathekaJanuary 25, 2021

Absa Bank Kenya has donated Ksh. 2 million in an initiative aimed at supporting over 1,000 vulnerable families affected by COVID-19. The initiative is in collab...

1 min read

Absa unveils repayment period of 6 years for its asset financing clients

Grace MathekaDecember 22, 2020

Absa Bank Kenya has enhanced its vehicle asset financing proposition by extending the repayment period to six years (72 months), the longest tenor in the vehicl...

1 min read

Coca Cola partners with TRM under the Open Like Never Before campaign

Samson NderiDecember 17, 2020

To say that 2020 has been an overwhelming year would be an understatement given the rate at which Covid-19 has turned our lives upside down. From loss of loved ...

2 min read

Turning waste into profit; the story of Julia Njoki

Samson NderiDecember 4, 2020

On a normal day, Julia Njoki a mother of 3 would have been working at her hotel deep in the Mathare slums a business she had run for many years. On other days, ...

4 min read

Coca Cola partners with Absa Bank and Amref to launch an initiative to help SMEs recover after Covid-19 impact

Samson NderiOctober 9, 2020

Coca Cola has partnered with Absa Bank Kenya, Amref Health Africa and the Women Enterprise Fund (WEF) to launch the “Open Like Never Before” initiative.  The in...

2 min read

Absa becomes the first bank to join the Kenya Green Building Society

Samson NderiOctober 6, 2020

Absa Bank Kenya has become the first bank in Kenya to join the Kenya Green Building Society (KGBS) as a champion for initiatives that promote the green economy ...

2 min read

Absa Bank Kenya partners with Minet to launch Covid-19 wellness care hotline

Samson NderiApril 29, 2020

As the fight against the Covid-19 pandemic continues, there are those who have been put in quarantine to prevent the spread of the virus. However, there have be...

1 min read

Absa Bank Kenya to contribute Ksh. 50 Million in the fight against Corona Virus

Samson NderiApril 22, 2020

Absa Bank has announced that they will contribute Ksh. 50 Million in the fight against Corona Virus. This is at a time when the virus has taken a toll on people...

1 min read

Absa releases statement on regulatory action taken by CBK due to forex transactions

Samson NderiApril 9, 2020

Earlier in the day, the Central Bank of Kenya released a statement in which it outlined a series of regulatory actions that it had taken against Absa. This w...

1 min read

Absa Bank penalized by the CBK for flagged forex trades

Samson NderiApril 9, 2020

The Central Bank of Kenya (CBK) has taken regulatory action against Absa Bank Kenya due foreign exchange trades that were conducted in March 2020. According ...

1 min read

Absa Bank reports net earnings of Ksh. 7.5 Billion for the period ended 31st December 2019

Samson NderiMarch 25, 2020

Absa Bank Kenya has reported a Ksh. 7.5 Billion profit after tax for  the period ended 31 December 2019. The bank’s profit was affected by costs that were as...

1 min read

Absa Bank Kenya to sponsor the Magical Kenya Open to the tune of Ksh. 75M

James WamathaiMarch 2, 2020

Absa Bank Kenya has announced that it will sponsor the 2020 edition of the Magical Kenya Open golf tournament to the tune of Ksh. 75 million. The 2020 Magical K...

3 min read

Absa Bank Kenya announces a Ksh. 10 Billion fund for women entrepreneurs during SheTradesKE event

Samson NderiFebruary 25, 2020

Absa Bank Kenya has announced a Ksh. 10 Billion fund to loan to women-owned small and medium enterprises over the next five years as part of the new customer va...

1 min read

Barclays Bank has officially rebranded to Absa Bank Kenya and changed its ticker at the NSE

Samson NderiFebruary 19, 2020

Absa Bank Kenya has completed its transition from Barclays Bank with the official changed of its stock ticker to Absa from BBK.  The bank’s shares had been susp...

2 min read