Absa Kenya Q1 profit up 24pc to Sh2.4bn

Absa branch on Muindi Mbingu Street in Nairobi. PHOTO | EVANS HABIL | NMG

Absa Bank Kenya #ticker:ABSA net profit for the first quarter of the year has increased 23.7 per cent, driven by growth in net interest income and end of separation costs from Barclays Plc.

Net profit for three months to March 2021 hit Sh2.42 billion from Sh1.95 billion in the similar period last year.

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