04/02/2020
The lenders face multiple challenges including “a decline in client activity, lower interest rates, which will put pressure on margins, and rising credit losses.”
03/31/2020
These relief measures apply to Absa’s corporate, wealth, business bank, private bank and retail customers.
03/30/2020
These relief measures apply to Absa's corporate, wealth, business bank, private bank and retail customers.
03/29/2020
The results revealed that the Bank continued to achieve excellent financial results and growth in businesses, where net income increased by 11% and total assets 7%, compared to the end of 2018
03/27/2020
The net earnings makes I&M the fourth most profitable bank in Kenya after KCB (Sh25.1 billion), Equity (Sh22.6 billion), and Cooperative Bank (Sh14.3 billion). Standard Chartered comes fifth at Sh8.2 billion.
03/25/2020
The last month has seen the Group, with headquarters in South Africa, engaged in rigorous campaigns as it rebranded to Absa Group after the former parent company Barclays Plc
03/18/2020
Overall, Absa’s balance sheet, revenue and earnings growth were in line with peers after lagging for a number of years.