Absa Bank Kenya has announced a significant increase in its net profit, reaching KSh 11.7 billion for the first half of the year, a 9 percent rise from the previous year. This growth is attributed to strong operational resilience and strategic initiatives.

• The net profit of KSh 11.7 billion marks a 9 percent increase.
• The growth was driven by a 26.5 percent return on equity and stronger non-interest income streams.
• Managing Director and CEO Abdi Mohamed highlighted the relevance of their growth strategy.
• Customer deposits grew by 2.3 percent to KSh 361 billion, while total assets climbed 10.4 percent to KSh 532 billion.
• An interim dividend of KSh 0.20 per ordinary share for 2025 has been approved, payable around October 15.