Barclays to rebrand to Absa as profits fall by six per cent

(Left to Right) Barclays Bank Kenya CFO Yusuf Omari ,Barclays Bank Kenya Chairman Board Of Directors Charles Muchene and Barclays Bank Kenya Managing Director Jeremy Awori. [Photo/Standard]

Barclays Africa Group is set to rebrand to Absa Group Ltd, the lender announced yesterday.

This will see the Barclays brand disappear from the Kenyan market in about two years following the sale of Barclays Plc’s stake in the Johannesburg-based Barclays Africa Group.