Absa Bank Kenya PLC Chief Finance Officer Yusuf Omari, signs the commitment board during the launch of the La Riba Sultanah, Kenya’s first Shariah-compliant bank account designed to cater to women entrepreneurs. Looking on is Absa Bank La Riba Banker Lutfa Anas Ali.

Absa Launches Kenya’s First Shariah-Compliant Account for Women Entrepreneurs

Absa Bank Kenya has unveiled La Riba Sultanah, the country’s first Shariah-compliant banking account specifically designed to empower women entrepreneurs. The move aims...

SABRINA BT2 Mins read

BUSINESS STOCKS

Foreign Investors Scramble for Banking Stocks, Zeroing in on Equity Group

Foreign and local investors are keenly watching how Absa Bank Kenya, Diamond Trust Bank and StanChart Bank earnings will turn out this week.

JACKSON OKOTH1 Mins read

BUSINESS REAL ESTATE

Absa Sets Aside Ksh 4 Billion For Affordable Housing Buyers in Kenya

Absa Bank Kenya has earmarked Ksh 4 billion for onward lending to the retail segment to support the affordable housing gap in Kenya.

BT Reporter1 Mins read

James Agin - Absa Bank Kenya Corporate Investment Banking Managing Principal (1)

BUSINESS OPINION

Time to Reinvent Banking Partnerships in a Complex Regional Economy

While these conditions introduce complexity, they also present opportunities for businesses and institutions, including the banking industry, to adapt, reposition, and grow.

JAMES AGIN3 Mins read

SMART MONEY

Safaricom Secures Region’s Biggest Sustainability Loan With 4 Kenyan Banks

Safaricom has announced the closure of a multi-billion Sustainability Linked Loan (SLL) to strengthen its Environmental, Social and Governance (ESG) agenda.

BT Reporter2 Mins read

LEADERSHIP

Kenyan Banker Jeremy Awori Officially Takes Over Ecobank Group As CEO

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, on 2nd March 2023 announced that Mr Jeremy Awori has officially assumed...

KALU MENGO1 Mins read

Ministry of Lands, Public Works, Housing and Urban Development Cabinet Secretary, Zacharia Mwangi Njeru (centre), Acorn Holdings Chief Executive Officer, Edward Kirathe (left) and Absa Bank Kenya Interim Managing Director and CEO, Yusuf Omari, at the Acorn-Absa affordable housing partnership announcement in Nairobi on Wednesday, February 8, 2023.

BUSINESS

Acorn, Absa Announce Ksh6.7 Billion Financing Deal For Students’ Affordable Housing

Acorn Holdings Limited (AHL), East Africa’s largest institutional rental housing developer, together with Absa Group and Absa Bank Kenya, have announced the successful...

BT Reporter3 Mins read