Absa enhances prestige banking to unlock growth for high earners

Absa enhances prestige banking to unlock growth for high earners

Absa affluent banking

L to R: Absa Bank Kenya Managing Principal Corporate and Investment Banking James Agin, Board Chairman Charles Muchene, Director for Affluent Banking Seema de Souza and Head of Prestige Banking Magdalene Kaguri during the launch of Prestige Banking Offering.

Absa Bank Kenya has unveiled an enhanced Prestige Banking offering, tailored to empower salaried professionals and entrepreneurs with comprehensive financial solutions. 

Designed to bridge a critical gap in banking, the revamped proposition goes beyond traditional transactions to support financial growth, personal well-being, and long-term investment aspirations.

Launched alongside the 2025 Magical Kenya Open Presented by Absa, this initiative underscores the bank’s commitment to customer-centric banking—offering more than just services, but real value through strategic financial planning, investment opportunities, and exclusive lifestyle benefits.

Targeting professionals earning between KES150,000 and KES500,000 per month, the offering serves as an entry point into the affluent banking segment, equipping clients for the next phase of financial success.

Speaking at the event, Seema de Souza, Absa Bank Kenya Director for Affluent Banking, reaffirmed the bank’s commitment to empowering middle-income earners with the right financial tools and guidance to elevate their ambitions. She emphasised Absa’s dedication to building lasting relationships that support smart investing and provide a strong foundation for long-term financial success and security.

“Banking today is about more than just the financial transaction; it is about equipping our customers with the right tools to invest wisely and secure their financial future. Prestige Banking is designed to do just that, offering not only financial planning and investment support but also lifestyle and wellness benefits, including curated advisory platforms and protection solutions for life’s uncertainties,” said Ms. Seema.

The enhanced Prestige Banking proposition offers a suite of exclusive benefits designed to enhance financial security, provide greater convenience, and deliver tailored advisory support through dedicated, well-trained relationship managers serving as a single point of contact.

At the heart of this offering is financial stability, with a retrenchment cover that ensures peace of mind during uncertain times. Customers also enjoy enhanced lifestyle benefits with a Platinum Card, granting access to paid airport lounges and exclusive travel perks.

For those seeking greater financial flexibility, buy-now-pay-later facilities offer tailored solutions to manage expenses effectively. Additionally, customers have privileged access to Prestige Banking centres across the country where they receive personalised financial advisory services to help them make informed investment decisions and navigate their financial journeys with ease.

The launch of Prestige Banking is an invitation for customers to embrace the moments that shape their journey - This Moment, own it. It reaffirms Absa’s commitment to its brand promise, ‘Your Story Matters’, ensuring that every customer is heard, empowered, and supported on their path to success. This enhanced proposition further cements Absa’s position as a trusted financial partner, providing budding professionals and entrepreneurs with the right financial tools and guidance to take the next step in securing their future with confidence.

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