Absa Bank Kenya Plc 2023 Annual Report

Absa Bank Kenya Plc (ABSA.ke) 2023 Annual Report

By Published On: May 23, 2024TYPE: Annual ReportsYear: 2023Period: Country: KenyaSector: Banking

Absa Bank Kenya Plc (ABSA.ke) listed on the Nairobi Securities Exchange under the Banking sector has released its 2023 annual report.

For more information about Absa Bank Kenya Plc (ABSA.ke) reports, abridged reports, interim earnings results and earnings presentations visit the Absa Bank Kenya Plc (ABSA.ke) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for Absa Bank Kenya Plc (ABSA.ke) in the past 12 months, as of 3rd May 2024, is US$10.79M (KES1.53B). An average of US$899.52K (KES127.14M) per month.

Absa Bank Kenya Plc 2023 annual report

Company Profile

Absa Bank Kenya Plc is a financial services outfit listed on the Nairobi Securities Exchange (NSE). Full service provider of banking and related financial services, Absa Bank engages in retail customer banking, commercial customer banking and corporate customer banking. The bank offers a variety of products and services including Savings deposits, Current deposits, lending and personal, commercial and corporate property finance. Absa Bank has a strong presence in the East African region with 130 branches and agency banking outlets across the region. The bank, formerly Barclays Bank Kenya, was acquired by Absa Group Ltd in 2019 following the sale of Barclays’ retail and commercial banking operations in Africa. Since the rebranding, the Absa group has continued to pursue a strategy of financial services innovation and customer experience. In 2021, the bank launched its digital banking platform, becoming the first bank in Kenya to offer a digital banking solution. They have also re-defined the customer experience through their MyMoney programme and mobile banking app. As a leader in the banking sector in the region, Absa Bank is well positioned to continue to grow and deliver innovative financial solutions to its loyal customer base.