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Absa Group to earn $15.5m dividend from Kenyan subsidiary ahead of stake increase

Absa Group to earn $15.5m dividend from Kenyan subsidiary ahead of stake increase

By GhanaSummary NewsroomPan-Africa

The payout comes as Absa is expected to finalise plans to increase its ownership of Absa Bank Kenya to up to 85%, even as the local lender grappled with softer earnings in the first six months of 2026.5m) in interim dividends from its Kenyan subsidiary, underscoring the growing role of the local business as a cash engine for the group.

The Absa Bank Kenya headquarters in Westlands, Nairobi.

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