Absa Bank Kenya net profit grew 19.8 percent to Sh14.75 billion in the nine months ended September 2024 as interest and non-interest income rose.
The growth in net profit from Sh12.31 billion was helped by a 17.7 percent rise in interest income to Sh34.53 billion, partly on the back of increased interest rates, even as the loan book shrank to Sh311.5 billion from Sh330.9 billion.
