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Absa books 15pc profit jump to Sh17b despite revenue dip

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Absa Bank Kenya CEO and Managing Director Abdi Mohamed. February 10, 2025. [Jonah Onyango, Standard]

Absa Bank Kenya weathered a marginal decline in total revenue to post a 15 per cent jump in profit for the nine months to September this year.

This came as stringent cost controls and a significant drop in money set aside for bad loans shielded its earnings.

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