Absa Bank Kenya has announced that, in line with the revised Risk-Based Credit Pricing Model (RBCPM) by the Central Bank of ...

JOHANNESBURG, March 11 (Reuters) - South African lender Absa Group (ABGJ.J), opens new tab said on Monday its loan losses will likely remain above its target range in 2024, due to expected elevated ...

Banks have been cautious in lending to avoid defaults while businesses have shelved borrowing plans due to high interest rates resulting in the industry loan book remaining stagnant.

JOHANNESBURG (Reuters) -South African lender Absa forecast mid-single digit revenue growth for 2025 and fewer bad loans following a 10% jump in its annual profit, driven by improved performance in the ...

Commercial bank lending rates have fallen from a peak of 17.22 percent in November 2024 to 15.17 percent in August 2025.

Acorn CEO Edward Kirathe, Lands CS Zacharia Mwangi Njeru and Absa Kenya Acting Chief Executive Yusuf Omari during. [Wilberforce Okwiri, Standard] On February 8, this year, Absa Bank Kenya and rental ...

JSE-listed banking group Absa is partnering with Heineken Beverages to launch a R1.2 billion funding initiative aimed at supporting black-owned small and medium-sized enterprises (SMEs) in South ...

Mauritius’ real estate developer Grit Real Estate Income Group nearly doubled its borrowings from Kenyan banks to $94.9 million (Sh12.3 billion) in the year to June 2025, to fund its projects in the ...

Absa Bank Ghana Limited has hosted a dialogue session, bringing together exporters, industry associations, trade experts, and ...

JOHANNESBURG, July 14 (Reuters) - South African bank Absa (ABGJ.J), opens new tab said on Friday its loan losses were expected to have risen above its target range in the first half of this year as ...