Absa Bank Kenya raises dividend 17pc as profit hits Sh22.9bn
The total distribution includes an interim dividend of Sh0.20 and a final dividend of Sh1.85 per ordinary share. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Absa Bank Kenya announced a 17 percent increase in its dividend payout to Sh2.05 per share, following a 10 percent surge in net profit to Sh22.9 billion for the year ending December 31, 2025.
- Net profit reached Sh22.9 billion.
- The bank, led by Managing Director and Chief Executive Officer Abdi Mohamed, is Absa Bank Kenya.
- Profit growth was driven by a 12 percent rise in non-interest income, despite a 6 percent dip in net interest income.
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Kenya Pipeline IPO Oversubscribed, Raises Sh106bn - March 2026
The Kenya Pipeline Company (KPC) Initial Public Offer has been oversubscribed, generating Sh106 billion for the State, marking it as one of the largest public share sales in Kenya's history. This represents a significant divestiture for the government, nearly two decades after its last major sale of Safaricom in 2008. Separately, Absa Bank Kenya announced a 17 percent increase in its dividend payout to Sh2.05 per share, following a 10 percent surge in net profit to Sh22.9 billion for the year ending December 31, 2025. The government has also set a Sh100 billion minimum capital requirement for companies bidding to upgrade Jomo Kenyatta International Airport (JKIA).
