Absa Bank Introduces ‘Emergency Loan’ On Its Cards
Absa Bank Kenya on 30th June 2023 introduced another innovation in the market - the Buy Now, Pay Later (BNPL) card feature - to help customers manage their expenses.
Over 1300 Women Entrepreneurs Benefit From Absa Bank’s SHE Stars Program
More than 1300 women-owned small businesses have benefited from Absa Bank's SHE Star Program after undergoing blended finance and business development services capacity building aimed at increasing the growth and competitiveness of women-owned MSMEs.
Speaking during the graduation ceremony for the final cohort of 402...
Absa Bank Kenya Records 34% Growth In Profit To Ksh14.6B In 2022
Absa Bank Kenya PLC has reported a Profit after Tax of Kshs.14.6 billion for the year ended December 31, 2022, representing a 34% growth in comparison to the previous year.
As a result, the Bank has declared a total dividend of Ksh1.35 per share, a...
Absa Bank Signs Ksh1.26 Billion Financing Deal With eco.business Fund
Absa Bank Kenya PLC and the eco.business Fund, an impact fund, have announced a Ksh1.26 billion (USD 10 million) partnership for the bank to on-lend to domestic and export businesses participating in the country's agricultural value chains.
The funding line is expected to improve resource...
Absa Bank Upgrades Timiza To Allow For ATM Withdrawals
Absa Bank Kenya has unveiled an Automatic Teller Machine (ATM) withdrawal option on its mobile wallet platform Timiza, allowing subscribers to withdraw funds from any of the bank’s ATMs across the country.
Absa Bank’s Head of Digital Channels Steven Omamo said the upgrade on Timiza...
Absa To Finance SMEs To Acquire KRA’s Electronic Tax Invoice Devices
Absa Bank Kenya PLC has inked a deal with Interswitch, an electronic payments and infrastructure company, to provide financial and technical assistance to Small and Medium Enterprises (SMEs) for them to acquire the Kenya Revenue Authority (KRA) Online Tax Invoice Management System (TIMS) device.
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