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Thursday, June 18, 2026 - 4 min read
Absa head office in Westlands, Nairobi.
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The proposed offer price comes after Absa Bank Kenya’s share price had rallied to hit an all-time high of Sh33 before easing to close at Sh29.4 on Thursday.
Prime
Thursday, June 18, 2026 - 4 min read
Absa head office in Westlands, Nairobi.
Photo credit: File | Nation Media Group
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Africa's biggest bank eyes acquisitions as it seeks Kenya's banking crown by 2030 - Businessday NG

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Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya’s net income declined…

The target is likely to intensify competition in Kenya's banking industry, where KCB Group, Equity Group and Co-operative Bank…

An AfDB share is valued at Sh1.77 million, but countries are expected to pay only six percent of the going price to keep their…

Standard Bank wants to become Kenya’s largest lender by 2030, betting on acquisitions, infrastructure financing and East Africa’s…

Absa plans to dominate corporate and investment banking on the continent after poaching Standard Bank staff

Two of Kenyas wealthiest and most influential business families are poised to receive a combined payout worth approximately $170…