Absa Bank Kenya Targets KES 100 Billion in Asset Financing Push with Launch of ABF 2.0

Absa Bank Kenya plans to deploy KES 100 billion through its revamped ABF 2.0 asset financing solution, offering faster approvals, flexible terms, and support for key sectors...

✨ Key Highlights

Absa Bank Kenya has launched an enhanced asset financing proposition, ABF 2.0, aiming to deploy KES 100 billion over the next three years to support key economic sectors.

The bank plans to deploy KES 100 billion over three years.
Key sectors targeted include manufacturing, trade and logistics, infrastructure, healthcare, and education, with significant improvements in financing speed and approval timelines.
The initiative is led by Abdi Mohamed, Managing Director and CEO of Absa Bank Kenya, and supported by a dedicated Asset Financing Centre.
Financing now features reduced onboarding-to-approval timelines (to 48 hours) and longer loan tenors (up to 84 months).

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