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flag Absa Bank Kenya reports Q1 2025 profit up 4% to Sh6.2 billion, despite revenue drop.

flag Absa Bank Kenya reported a 4% rise in net profit to Sh6.2 billion for Q1 2025, despite a 4% drop in total revenue to Sh15.8 billion. flag The bank cut costs by 1% and reduced impairment charges by 39%, attributing its success to operational resilience and customer confidence. flag CEO Abdi Mohamed highlighted strategic investments in customer-focused initiatives and plans for continued growth across consumer, SME, and corporate segments.

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