ABSA Pledges Ksh100 Billion to Kenyan Businesses Over Two Years - May 2026

Absa Bank Kenya has announced a significant initiative to support Kenyan businesses, pledging Ksh100 billion over the next two years through a revamped proposition. Similarly, I&M Bank Limited has launched a public medium-term note programme aiming to raise KSh 20 billion to bolster its lending capacity and support long-term growth strategies. Meanwhile, the Kenyan shilling has maintained its stability against the US dollar, though the Kenyan pound and euro have experienced slight depreciation.