New trade financing plan to ease container deposits, boost cash flow for Kenyan shippers

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KTN News (Youtube)

August 18, 2026

1mo ago

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Absa Bank Kenya Posts Sh10.5B Half-Year Profit - August 2026

Absa Bank Kenya has announced a significant financial performance, posting a Sh10.5 billion profit for the first half of the year, marking a positive trend for the financial institution. Customer assets rose by 8 percent during this period. Separately, a new trade financing plan has been launched in Kenya to alleviate the burden of container deposits for shippers and improve their cash flow.