Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
I&M Group PLC has appointed Abdi Mohamed as the Chief Executive Officer of I&M Bank Kenya, days after his resignation from Absa Bank Kenya was formally announced. In a notice to shareholders issued on Monday, the lender announced that Mohamed will join the bank from Absa Bank Kenya PLC, where he has been serving as…
Small and medium‑sized enterprises (SMEs) across the country are set to benefit from a new partnership between Absa Bank Kenya and the Google Hustle Academy, which will provide training and financial support over the next 12 months. The initiative, unveiled in a joint statement, aims to equip entrepreneurs with digital expertise, financial literacy, growth strategies,…
Absa Bank Kenya has unveiled a new asset financing model dubbed ABF 2.0 that will deploy Ksh100 billion over the next three years to empower micro, small, and medium‑sized enterprises (MSMEs) as well as individual customers. The revamped model is designed to improve access to productive assets and accelerate growth across key sectors of the…
Absa Bank Kenya has reported a profit after tax growth of 33.5 per cent up to KSh5.9 billion from KSh4.4 billion posted at a similar period last year. The bank’s diversification strategy, supported by new businesses such as bancassurance, asset management, Timiza, and stock brokerage, seems to be paying off after total revenue rose 19…
