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Absa Bank Kenya posts 10% profit rise to KSh 22.9B, dividend up 17% on cost management gains

  • | Citizen TV
    160 views
    Duration: 3:20
    Absa Bank Kenya has posted double-digit profit growth for the year ended December 2025, supported by lower loan loss provisions and tighter cost management, the bank says. The lender reported a 10 percent rise in net profit to 22.9 billion shillings, and increased its total dividend payout by 17 percent to 2 shillings and 5 cents per share. The results come amid a shifting interest rate environment that weighed on lending income but boosted non-funded revenue streams