Absa Bank upgrades Timiza to allow for ATM withdrawals

James WamathaiFebruary 1, 2023

Absa Bank Kenya has introduced an ATM withdrawal feature to its mobile money platform Timiza. This will allow customers to withdraw funds from any of the bank’s...

2 min read

Absa Bank Unveils Offshore Investments Options Targeting High-Net-Worth Individuals In Kenya

Faith WambuiDecember 16, 2022

Absa Bank Kenya PLC has launched an Offshore Proposition expanding its suite of private wealth management solutions. With this solution, the bank is targetin...

1 min read

Absa Bank partners with Melanin Kapital to provide training and loans to women led SMEs

Staff WriterDecember 14, 2022

Absa Bank Kenya has partnered with financing platform Melanin Kapital and the African Guarantee Fund (AGF) in a bid to improve access to finance for women-owned...

1 min read

Yusuf Omari has been appointed as the interim Absa Bank Kenya CEO

Staff WriterOctober 14, 2022

The Board of Absa Bank Kenya PLC has appointed Yusuf Omari to take over as Interim Chief Executive Officer and Managing Director effective 1 November 2022. This...

1 min read

The role of mentorship in achieving economic growth for women entrepreneurs

Staff WriterOctober 4, 2022

Kenya's improvement in the World Economic Forum's (WEF) 2022 Global Gender Gap Index is a strong indicator of women's growing participation in the country's eco...

4 min read

Carolyne Kendi appointed as Chief Marketing Officer by Absa Bank Kenya

James WamathaiSeptember 29, 2022

Carolyne Kendi has been appointed to the position of Chief Marketing Officer by Absa Bank Kenya PLC effective 15 December 2022. Kendi has experience marketin...

0 min read

Jeremy Awori has been appointed as the new Ecobank CEO

Staff WriterSeptember 12, 2022

Ecobank has announced the  appointment of Jeremy Awori as their new chief executive. He will replace Ade Ayeyemi who is set to retire after attaining the age of...

0 min read

Jeremy Awori will be exiting Absa Bank on 31st October 2022

Staff WriterSeptember 8, 2022

Absa Bank Kenya has announced that its CEO Mr. Jeremy Awori will be leaving the bank to pursue another career opportunity outside Absa Group. This will take eff...

1 min read

Absa Group reports Ksh. 79.8 Billion profit for H1 2022

Staff WriterAugust 16, 2022

Absa Group Africa has announced that its earnings increased 27% to Ksh. 79.8 Billion (R11 Billion) in the first half of the year as revenue increased, demonstra...

2 min read

Absa Bank Kenya launches a new online account opening platform

Staff WriterJuly 28, 2022

Absa Bank Kenya has announced launch of an online account opening platform. This is part of a Ksh. 2 billion investment in technological upgrades that will sign...

1 min read

How the private sector can bridge the gap between education and the job market

Staff WriterJuly 23, 2022

Kenya has relied on tertiary institutions and universities to produce generations of ready-to-work graduates since its independence 59 years ago. According t...

3 min read

Absa Bank hosts Inspire Conference in a bid to empower women entrepreneurs

Staff WriterJuly 16, 2022

Over 3,000 businesswomen from across Africa  benefited from a one-day mentorship conference aimed at empowering women entrepreneurs with new perspectives, pract...

2 min read

Absa Bank Kenya recognized by the IFC for its energy and water efficiency investments

Staff WriterMay 20, 2022

Absa Bank Kenya has received the International Finance Corporation's (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification. This is du...

2 min read

Absa Bank to sponsor the East Africa Property Investment Summit

Staff WriterMay 17, 2022

Over 300 real estate stakeholders from Africa and other parts of the world will gather in Nairobi on the 18th and 19th of May 2022 for the East Africa Property ...

1 min read

Absa Life Assurance Kenya reports a Ksh. 245 Million net profit for 2021

Samson NderiApril 26, 2022

Absa Life Assurance Kenya (Absa Life), a subsidiary of Absa Group Limited, has recorded an 84% growth in profit after tax to KES 245 million for the period ende...

1 min read

Absa Bank Kenya resumes dividend payment as net profit for 2021 hits Ksh. 10.9 Billion

Samson NderiMarch 15, 2022

Absa Bank Kenya PLC has reported a net profit of Ksh. 10.9 billion for the year ended 31st December 2021. This marks a  161% rise in profitability as compared t...

1 min read

Absa Bank to sponsor Kenyan pro golfers to the tune of Ksh. 3 Million at this year’s Magical Kenya Open

Grace MathekaFebruary 28, 2022

Absa Bank Kenya has announced it will sponsor four professional golfers from Team Kenya in the 2022 edition of the Magical Kenya Open (MKO). The competition wil...

2 min read

Absa Bank partners with African Guarantee Fund to provide credit for SMEs in Kenya

Grace MathekaFebruary 22, 2022

Absa Bank Kenya has signed an Ksh. 1.25 billion loan portfolio guarantee facility with the African Guarantee Fund (AGF). This is in a bid to boost credit access...

1 min read

Absa Bank commits Ksh. 56 million to sponsor the 2022 Magical Kenya Open Golf Tournament

Grace MathekaFebruary 21, 2022

Absa Bank Kenya recently announced a Ksh. 56 million sponsorship investment to become the official presenting partner of the Magical Kenya Open (MKO) golf tourn...

1 min read

Absa Bank wins the Top Employer in Kenya & Africa accolade

Grace MathekaJanuary 25, 2022

Absa Bank Kenya has been recognized as the top employer in Kenya and Africa in 2022 by the Top Employers Institute. Being certified as a Top Employer showcases ...

1 min read

Absa Bank partners with GIZ to launch a training program for 1,500 women entrepreneurs

Grace MathekaDecember 20, 2021

Absa Bank Kenya has collaborated with the German Development Cooperation to launch a Ksh. 50 million program dubbed SHE Stars. The program is aimed at increasin...

2 min read

Absa Bank posts Ksh. 8.2B net profit for Q3 2021; optimistic for dividend payout end year

Grace MathekaNovember 23, 2021

Absa Bank Kenya has released its financial results for the period ending 30th September, 2021. The bank reported a strong growth in net profit to Ksh. 8.2 billi...

1 min read

Absa Bank signs Ksh. 1.2 Billion vehicle leasing deal for the National Police Service

Grace MathekaNovember 18, 2021

Absa Bank has signed a financing agreement with CMC Motors and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS). The agreeme...

1 min read

Interview with Andrew Mwithiga on “Abby”, Absa Bank’s new WhatsApp banking feature

Samson NderiNovember 15, 2021

In August this year, Absa Bank launched a new innovation that enables its customers to access their bank accounts and transact via WhatsApp. We spoke to Andrew ...

8 min read

Trade on EABL’s Medium Term Note begins at the NSE

Grace MathekaNovember 1, 2021

Trading on the Ksh. 11 billion East African Breweries PLC (EABL) Medium-Term Note has officially begun on the Nairobi Securities Exchange (NSE). The 5-year, ...

1 min read

Absa Bank donates Ksh. 2.9 million to ‘For the Love of Girls’ initiative

Grace MathekaOctober 27, 2021

Absa Bank has donated Ksh. 2.9 million to a community-based project called For the Love of Girls. The donation is part of Absa's ongoing citizenship programs th...

1 min read

EABL corporate bond receives Ksh. 37.9B in applications, a 345% over-subscriptions

Grace MathekaOctober 27, 2021

East African Breweries PLC (EABL) has announced that it received applications for Notes amounting to Ksh. 37.9 billion for its Ksh. 11 billion Medium-Term Note ...

1 min read

How Absa’s WhatsApp feature is revolutionizing banking in Kenya

Grace MathekaSeptember 30, 2021

In August this year, Absa Bank launched a new innovation that allows its customers to access their bank accounts and transact via WhatsApp. Through this solu...

2 min read

Absa Bank to donate 1,500 computers to 66 schools across Kenya

Grace MathekaSeptember 27, 2021

Absa Bank has begun a countrywide digital literacy enhancement program targeting to establish 66 computer labs in schools. The bank is investing Ksh. 23 mill...

1 min read

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