Absa Bank Kenya provides personal and business banking solutions to help you manage your money effectively.
From savings accounts to loans, they have options for everyone.
You can easily access your Absa account through their online banking platform. This lets you check balances, transfer funds, and pay bills from anywhere.
The Absa Banking App also puts banking at your fingertips 24/7.
Corporate information
Absa Bank Kenya is a major financial institution in East Africa. It offers a wide range of banking services to individuals and businesses. The bank has a strong presence across Kenya and plays a key role in the country’s economy.
Financial overview
Absa Bank Kenya is a subsidiary of Absa Group Limited, one of Africa’s largest financial services providers. The bank has a solid financial foundation. In recent years, it has shown steady growth in assets and profits.
Key financial highlights:
- Total assets: Over 400 billion Kenyan shillings
- Net profit: Increasing year-over-year
- Market share: Among the top 5 banks in Kenya
The bank’s strong performance comes from its diverse range of products and services. These include personal banking, business banking, and corporate banking solutions.
Leadership and structure
Absa Bank Kenya has a well-defined leadership structure. The bank is led by a board of directors and an executive management team.
Key leadership positions:
- Chairman of the Board
- Managing Director and CEO
- Chief Financial Officer
- Chief Operating Officer
The bank operates through various divisions:
- Retail Banking
- Business Banking
- Corporate and Investment Banking
- Treasury
History and expansion
Absa Bank Kenya has a rich history in the Kenyan banking sector. It was formerly known as Barclays Bank of Kenya before rebranding to Absa in 2020.
Key milestones:
- 1916: Established as Barclays Bank DCO
- 1978: Incorporated locally as Barclays Bank of Kenya Limited
- 2020: Rebranded to Absa Bank Kenya PLC
The bank has expanded its presence across Kenya over the years. It now has:
- Over 80 branches nationwide
- A network of ATMs and digital banking platforms
Absa Bank Kenya continues to grow and adapt to changing customer needs. It focuses on digital innovation and enhancing customer experience.