"absa bank kenya" · 25 posts · 9 stories · 0 entities

Live stories

  • Resolved1 update
    The foreigner behind Absa Bank Kenya retrenchments

    David Hardisty, Retail and Business Banking Director, Absa Bank of Kenya Struggling bank Absa Kenya (formerly Barclays) is on a retrenchment spree. According to sources, the bank plans to fire about 250 staff members in a cost-cutting drive. A foreigner by the name David Hardisty is the one leading the retrenchment

  • Resolved1 update
    Absa Bank Kenya Client Loses Ksh 40,000 in Shocking ATM Card Fraud Incident

    When a long-time client received a text message from Absa Bank Kenya earlier this week, alerting her that four withdrawals totaling KSh 40,000 had been processed from her account at an ATM she had never used, she found herself thrust into a quagmire of internal investigations, conflicting instructions, and law enforcem

  • Resolved1 update
    ABSA Partners With Corrupt Firm OT-Morpho

    Jeremy Awori, Managing Director for Absa Bank Kenya Absa Bank formerly Barclays has partnered with OT Morpho. OT Morpho is the company that was used by UhuRuto to entrench irregarities at the ballot in 2017. The company rebranded to IDEMIA. "@AbsaKenya, impressed by your new card features, picked mine at Yaya branch.

  • Resolved1 update
    Scandalous Absa Bank Embroiled In Fresh Legal Saga Over Trademark Infringement

    Absa Kenya CEO Yusuf Omari Troubled Absa Bank Kenya, which recently rebranded from Barclays Bank, is in a fresh legal saga with a local trader over possible infringements of user rights.   The trade name row has already found its way to the floor of the national assembly, with Speaker Moses Wetangula directing that t

  • Resolved1 update
    Unhappy Customers Decry Absa Bank’s Deteriorating Services

    Absa Kenya CEO Yusuf Omari Absa Bank Kenya is facing turbulent times. Just recently, we reported how the bank is embroiled in a legal saga with a local trader over possible infringements of user rights. The trade name row has already found its way to the floor of the national assembly, with Speaker Moses Wetangula di

  • Resolved1 update
    Tainted Absa Kenya Just Can’t Steer Clear of Scandals

    Absa Bank Kenya CEO Yusuf Omari A court has ordered Absa Bank Kenya to compensate a couple over Sh234 million over the fraudulent sale of their shares in various companies. In his judgement, Justice Alfred Mabeya noted that a valuation report showed that as per the Nairobi Securities Exchange data, the current market

  • Resolved1 update
    Absa Bank Gets Relief In Sh1.5bn Case

    Absa Bank Kenya Absa Bank has received a much-needed reprieve in a case where it is seeking to challenge a Sh1.5 billion compensation awarded to a transport firm, New Mega Africa Ltd. The compensation was awarded after the bank failed to defend a claim filed against it last year. The High Court in Mombasa has granted

  • Resolved1 update
    Requirements to Open Absa Bank Accounts in Kenya

    Absa Bank Kenya is one of the top banks in the country, offering a variety of financial products to suit personal and business needs. Formerly Barclays Bank, it is part of Absa Group Limited, a leading African financial services provider. Whether you want a current account, a savings account, or a foreign currency acco

  • Resolved1 update
    Step-by-Step Guide On How To Register For Absa Hello Money In Kenya

    If you want fast and reliable mobile banking without internet, this guide on how to register for Absa Hello Money in Kenya will help you get started quickly. Absa Bank Kenya offers Hello Money as a simple USSD-based service that works on any phone. You don’t need a smartphone or data bundles. You only need your bank ac

Posts

Read May 26 1 min read

Absa Bank Kenya Posts 22% Growth in Q1 2022 Profit

Nyakundi Report

On Wednesday, Absa Bank Kenya PLC released its financial results for the first quarter of 2022, marking a significant milestone in the bank's growth trajectory. The bank's Profit after Tax s...

Read May 25 1 min read

Absa Bank Kenya Customers Gain Access to Kenswitch ATMs

Nyakundi Report

On May 25, 2022, Kenswitch Kenya Limited and Absa Bank Kenya Plc announced a partnership that will allow Absa's customers to access over 2200 ATMs on the Kenswitch network. This collaboratio...

Read Mar 16 1 min read

Absa Bank Kenya Posts Record Profit in 2021

Nyakundi Report

...back of a strong economic recovery from the COVID-19 pandemic, Absa Bank Kenya reported a record profit after tax in 2021. According to the bank's financial statements, the pre-tax profit ju...