Absa sees high lending season on expansion, new loan model

Absa Bank’s Consumer Banking Director Moses Muthui.

Photo credit: File | Nation Media Group

Absa Bank Kenya projects its lending volumes to grow this season on branch network expansion and gains from a new loan pricing formula.

The lender plans to expand its physical footprint across the country by opening branches in Mtwapa and Wajir before the close of 2025, buoyed by the strong performance of its recently opened outlets.

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