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Absa Bank investors get record Sh7b dividend after bank posts Sh16b profit

Absa Bank Kenya Managing Director Abdi Mohamed. [Jonah Onyango, Standard]

Absa Bank Kenya has posted Sh16.4 billion for the full year for the year ending 2023, an increase of 12 per cent net earnings compared to the previous year.

The lender attributed increased earnings to increased funding of core sectors fueling Kenya's economic growth.

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