Absa posts 3pc profit growth in first quarter

The lender’s net profit stood at Sh1.95 billion in the review period compared to Sh1.89 billion a year earlier. FILE PHOTO | NMG

Absa Kenya reported a three percent net profit growth in the first quarter ended March, weighed down by costs of separating from its former parent company Barclays Plc.

The lender’s net profit stood at Sh1.95 billion in the review period compared to Sh1.89 billion a year earlier.

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