Topic: Absa Bank
Absa Bank Kenya net profit surges to Sh16.4 billion as assets pass half a trillion
Mar 18, 2024 at 02:45 PM
Absa Bank Kenya has posted a 14 per cent growth in gross profit to Sh23.7 billion for the full year 2023, which also saw its net earnings go up 12 per cent to Sh16.4 billion compar...
Absa expands branch network to vibrant Eastleigh with Sharia-compliant products
Feb 17, 2024 at 10:17 PM
Absa Bank Kenya has set its sights on Eastleigh's vibrant commercial hub, opening its 86th branch at the bustling BBS Mall....
Absa Kenya pumps Sh75 million into 2024 Magical Kenya Open experience
Feb 14, 2024 at 04:59 PM
Absa Bank Kenya has announced a substantial investment of Sh75 million in the upcoming 2024 Magical Kenya Open (MKO) tournament, solidifying its position as the event's official pr...
Absa Bank reigns supreme as the Top Employer for the third consecutive year
Jan 18, 2024 at 06:13 PM
Once again, Absa Bank has cemented its position as the champion of employee experience, clinching the coveted "Top Employer" title in Kenya and Africa for a remarkable three years ...
CBK revolutionizes forex market with lowered trade limits and EMS launch
Jan 03, 2024 at 06:23 PM
The Central Bank of Kenya (CBK) has ushered in a new era in the formal interbank forex market by slashing the minimum trade amount from $250,000 (Sh39.3 million) to $100,000 (Sh15....
Absa Bank Kenya net earnings surge by 15 per cent to Sh12.3 billion in Q3 2023
Nov 24, 2023 at 09:22 AM
Absa Bank Kenya announced a commendable 15 per cent year-on-year increase in net earnings, reaching Sh12.3 billion for the nine months ending on September 30, 2023....
Absa Kenya shakes up its top leadership as it strengthens digital transformation
Oct 26, 2023 at 11:33 PM
Absa Bank Kenya has unveiled a comprehensive restructuring of its top leadership positions, marking a significant step towards embracing digital transformation and enhancing its ma...
Absa Bank Kenya enhances its Timiza wallet transaction limits to Sh250,000
Oct 13, 2023 at 11:52 AM
Absa Bank Kenya has increased the transaction limits on its Timiza wallet, granting customers greater flexibility and convenience in managing their financial affairs....
Court orders ABSA to refund Sh191,869 to its customer after six-year dispute
Oct 09, 2023 at 05:15 PM
The High Court has issued a landmark ruling upholding a magistrate's directive that compels Absa Bank to reimburse a sum exceeding Sh191,000 to a customer, Tamina Ibrahim....
Absa Kenya posts 32 per cent increase in post-tax profit to Sh8.3 billion in H1 2023
Aug 29, 2023 at 02:27 PM
Absa Bank Kenya has posted profit before tax of Sh12.1 billion for the half year ended June 30, 2023, which marked a 32 per cent increase compare to the same period in 2022....
Baloobhai Patel buys 5 million extra shares in Absa to solidify topmost place
Jun 29, 2023 at 02:08 AM
Baloobhai Patel, the esteemed billionaire investor, has solidified his position as the leading local investor in Absa Bank Kenya Plc by acquiring an additional five million shares ...
Mobi Tap: Absa and Visa unveil new card-to-mobile payment solution eyeing SMEs
Jun 26, 2023 at 03:28 PM
Absa Bank Kenya has joined forces with global digital payment leader VISA to unveil a revolutionary payment solution called Absa Mobi Tap....
Acorn, Absa sign Sh6.7 billion financing agreement for affordable student hostels
Feb 08, 2023 at 03:30 PM
The 10 new high-quality, sustainable, purpose-built student hostel accommodation will be located near universities including Kenyatta University, JKUAT and the University of Nairob...