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Absa Bank Kenya Plc (Kenya)

Main Activities: Commercial Banking
Full name: Absa Bank Kenya Plc Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Absa Bank Kenya is a non-deposit taking financial institution. The company offers a range of financial products and services, including insurance solutions, financing solutions, and digital payment solutions. They provide concessional, fixed, long-term finance to primary lenders to increase the availability of affordable home loans to Kenyans. The company aims to provide secure banking services through biometric registration and two-factor authentication. Absa Bank Kenya was appointed as the She Trades Hub in Kenya, with a focus on accelerating growth opportunities for Kenyan women entrepreneurs.

Headquarters
The West End Building, Waiyaki Way, P.O. Box 30120
Nairobi; Nairobi; Postal Code: 00100

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Website: http://www.absabank.co.ke

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1916
Key Executives
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Chairman
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
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Outside Director
Ownership Details
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68.5%
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2.04%
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1.03%
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0.7%
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0.7%
Subsidiaries
Absa Asset Management Limited
100%
Absa Bancassurance Intermediary Limited
100%
Absa Kenya Nominees Limited
100%
Company Performance
Financial values in the chart are available after Absa Bank Kenya Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KES. Absolute financial data is included in the purchased report.
Net interest income
23.92%
Operating profit (EBIT)
13.57%
Net Profit (Loss) for the Period
12.2%
Total assets
8.92%
Total equity
8.77%
Total Assets Trend
-2.4%
Net Interest Income Trend
-4.02%
Loans to Deposits Ratio
-0.6%
Loans to Asset Ratio
5.49%

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