Absa Bank Kenya PLC has reported a 4% growth in net earnings to Kshs. 6.2 billion for the period ended 31 March 2025, an indication of strong operational resilience and customer confidence, amid a challenging macro-economic landscape.
As a result of prevailing market conditions, total revenues closed at Kshs. 15.8 billion, reflecting a 4% year-on-year decline, impacted by a marginal decline in funded income to Kshs. 11.3 billion and a 11% drop in non-funded income to Kshs. 4.5 billion.
In the review period, the Bank continued to empower its customers’ growth stories through the provision of essential financial support, advancing Kshs. 308 billion in loans and advances to key economic sectors and individuals. Customer deposits rose by 5% to Kshs. 371 billion, with total assets growing by 5% to Kshs 520 billion.
