Absa Kenya first quarter profit up 22 percent to Sh2.95bn

Absa Bank Kenya

Absa head office in Westlands, Nairobi. 

Photo credit: File | Nation Media Group

Absa Bank Kenya net profit for the first quarter of the year has increased 22 percent, driven by growth in net interest and non-funded income.

Net profit for three months to March 2022 hit Sh2.95 billion from Sh2.41 billion in a similar period last year.

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