Absa Bank Kenya PLC has reported a 15 percent rise in net earnings, reaching KES16.9 billion for the nine-month period ending September 30, 2025 on higher income.

During the period, the bank recorded 11 percent jump in non-interest income to KES13.6 billion which the lender attributed to strategic diversification into new business lines.

Total revenues for the third quarter period closed at KES46.6 billion, same level as last year, reflecting an operating context that was largely characterised by a compressed rates environment. Net interest income dropped by 5 percent to KES33 billion as a result.

“We continued to demonstrate our purpose in action: Empowering Africa’s tomorrow together, one story at a time. This has been achieved through the provision of financial and non-financial resources to our customers, availing the requisite support to attain their ambitions,” said Absa Bank Kenya CEO, Abdi Mohamed.

Customer deposits increased by 9 percent to KES384 billion while assets closed at KES310 billion. Total assets grew by 14 percent to KES554 billion, reflecting Absa’s solid financial foundation.

He added that the improved results further demonstrate the role Absa plays in empowering the growth stories of individuals, businesses, and communities through relevant financial and non-financial interventions.

“We see our customers’ determination to achieve their dreams, grow their businesses and write impactful stories, and these results re-affirm our commitment to continue supporting them. We remain confident in our ability to support our clients effectively and to unlock significant growth opportunities across all our businesses in consumer, business and corporate and investment banking,” explained Mohamed.

“Our strategy remains relevant and resilient to serve our customers in line with our purpose. In addition, we are accelerating the progressive transformation of our organisation to continue positioning ourselves for sustained outperformance,” added Mr. Mohamed.

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