Absa Bank Kenya Revenue Drops In First Half Of 2025
4 Articles
4 Articles
Absa Bank Kenya PLC recorded a profit after tax increase of 9% to 11.7 billion Kenyan shillings (79 million USD) for the first half of 2025, with a return on equity of 26.5%. The turnover rose to 31.5 billion KShs (213 million USD), a slight decrease due to the...
Absa Net Profit up 9% to Kshs. 11.7 Billion in H1 2025
Absa Bank Kenya PLC has posted a 9% growth in profit after tax to Kshs.11.7 billion for the half-year ended June 30, 2025. Return on equity stood at 26.5%, with the performance reflecting in what the Managing Director and the CEO, Abdi Mohamed termed as disciplined execution, prudent risk management, and agility in navigating a … The post Absa Bank Net Profit up 9% to Ksh.11.7 Billion in H1 2025 first appeared on Metropol Digital.
Absa Bank Kenya Revenue Drops In First Half Of 2025
The Kenya Times ~ Trending, Breaking News and Videos Absa Bank Kenya Revenue Drops in First Half of 2025 Absa Bank Kenya PLC has reported a drop in revenue for the half-year ended June 30, 2025. The Bank said the revenue remained resilient at Ksh31.5 billion, a marginal 1.2% decline despite the current complex operating landscape. Absa attributed this decline to interest rates, partly offset by improved cost of funds management. Net interest inc…
Absa Bank Kenya PLC Reports 9% Profit Growth in H1 2025
Absa Bank Kenya PLC has announced a 9% year-on-year growth in profit after tax to KShs 11.7 billion for the half-year ended June 30, 2025. This performance supports a robust return on equity of 26.5%, reflecting disciplined execution, prudent risk management, and strategic agility in a complex economic environment. “Our results highlight the resilience of [...] The post Absa Bank Kenya PLC Reports 9% Profit Growth in H1 2025 appeared first on K…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium