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Originally published by Capital Businessbusiness
May 29, 2026
7h ago
Absa Kenya’s Posts Sh5.3 billion in Profit After Tax in Q1 on Customer Deposits

NAIROBI, Kenya, May 29 – Absa Bank Kenya has posted a profit after tax of Sh5.3 billion for the three months ending March 2026, driven by growth in Kenya breaking news | Kenya news today |..
✨ Key Highlights
Absa Bank Kenya has reported a Sh5.3 billion profit after tax for the first quarter ending March 2026, driven by growth in customer deposits and balance sheet expansion despite economic challenges.
- Absa Bank Kenya posted a profit after tax of Sh5.3 billion.
- The bank's total assets grew 10 percent to Sh571.3 billion, with customer deposits up 8 percent to Sh399.1 billion.
- Chief Executive Officer Abdi Mohamed highlighted the bank's focus on supporting customers through economic pressures, while diversifying revenue streams and investing in digital platforms and sustainability initiatives.
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