FINANCE
Absa Bank Kenya PLC records 34% growth in Profit after Tax to Kshs.14.6 billion
Absa Bank Kenya PLC has today reported a Profit after Tax of Kshs.14.6 billion for the year ended 31 December 2022, representing a 34% growth in comparison to the previous year.
As a result, the Bank has declared a total dividend of Kshs.1.35 per share, a 23% increase from last year, bringing the total dividend payout to Kshs. 7.3 billion.
The commendable performance was driven by sustained...
NBK launches ‘Nia’ to empower Women in Business
NBK has launched a new initiative aimed at empowering women entrepreneurs in the country. Dubbed "Nia" the initiative seeks to provide women owned and...
Stanbic Holdings PLC reports KES 9.1 billion profit in 2022 and a 55% divided payout
Stanbic Holdings Plc has announced a KES 9.1 billion after-tax profit for its financial year ended 31 December 2022.
The listed financial services provider, a...
Record performance for the Bank in Africa and the Middle East (AME)
FY2022 Announcement Quote:
Commenting on the results, Sunil Kaushal, Regional CEO, Africa and Middle East said:
“In 2022, we achieved remarkable success as we advanced our transformation journey to recalibrate and...
DIB Bank Kenya trains women on entrepreneurship and Financial Literacy
DIB Bank Kenya hosted women for a financial conference aimed at empowering them on entrepreneurship and financial literacy on Islamic Banking at Ole Sereni...