Absa first-quarter profit rises 51 percent to Sh4.5 billion

Absa Bank Kenya

Absa head office in Westlands, Nairobi. 

Photo credit: File | Nation Media Group

Absa Bank Kenya has posted a 50.7 percent rise in net profit to Sh4.45 billion for the three months to March on the back of increase in non-interest income.

The total operating income rose 40 percent to Sh13.9 billion compared to a similar period last year.

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Note: The results are not exact but very close to the actual.