Absa profit rises to Sh22.9bn as costs fall

Absa Bank Kenya managing director Abdi Mohamed speaks during a past breakfast roundtable event. 

Photo credit: File | Nation Media Group

Absa Bank has reported a Sh22.9 billion after-tax profit for the year ended December 2025, representing a 10 percent growth buoyed by cost-cutting.

The lender’s profit rose from Sh20.8 billion reported in the preceding year, a rise largely attributable to a 12.2 percent reduction in operating expenses.

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