ABSA Bank Kenya Plc (ABSA)

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14.00
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13.75   0.25 (1.79%)
End of day - Mar 18, 2024
13.7014.00
Intra-day Range
104,500
Volume
1.44M
Turnover
10.0014.30
52-week Range
 
Sector:BankingShares Issued:5.43BMarket Cap.:74.68B
Segment:Main Investment SegmentAvg. Vol. (1m):235,030BETA (^NASI)
Year End:December 31Dividend/Share:-Earnings/Share:1.23
Par Value:0.00 (Ordinary) PE Ratio:7.85Dividend Yield:%
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About ABSA Bank Kenya Plc

Barclays Bank of Kenya Ltd a subsidiary of Barclays Africa Limited provides banking and financial services. It provides services to retail, corporate, treasury and card services with cross-functional relationship to support the segments of local business and small to mid-sized enterprises. With an extensive footprint of 119 outlets and over 230 ATMs spread across the country the banks boasts of years of superb financial performance that has built confidence among the various stakeholders. The bank has diversified it's operations with the following units: Personal banking, Prestige banking, Premier banking, Corporate Banking, Treasury and Life Assurance. 

Barclays financial strength coupled with extensive local and international resources have positioned Barclays as among the top provider of financial services in the Kenyan market. Barclays Plc recently announced it's plan to sell its African subsidiaries and focus on Trans- Atlantic Business. Barclays PLC currently owns 62% of Barclays Africa which in turn owns 68.5% in Barclays Kenya. Barclays Africa Group will negotiate to retain its brand name even after its London-based parent Barclays Plc divests from the continent due to the immense value among it's customers.

 

Jan 16, 2017
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