Absa Bank Kenya PLC 2019 Integrated Report
The report details Absa Bank Kenya PLC's performance and strategic progress during its transition from the Barclays brand in 2019. Key highlights include a 15% growth in total assets and customer deposits, alongside a 7% increase in revenue. The bank successfully launched new products like Timiza Virtual Banking, which grew to over three million customers, and the SheTradesKE initiative, which empowered over 3,200 women entrepreneurs. Additionally, the bank became a signatory to the Principles for Responsible Banking and joined the UN Global Compact Kenya chapter, aligning its corporate strategy with the Sustainable Development Goals.
Company: Absa Bank Kenya PLC
Sector: Finance & insurance
Country: Kenya
Year: 2019
Type: Integrated Report
Pages: 113
Absa Bank Kenya PLC
The report details Absa Bank Kenya PLC's performance and strategic progress during its transition from the Barclays brand in 2019. Key highlights include a 15% growth in total assets and customer deposits, alongside a 7% increase in revenue. The bank successfully launched new products like Timiza Virtual Banking, which grew to over three million customers, and the SheTradesKE initiative, which empowered over 3,200 women entrepreneurs. Additionally, the bank became a signatory to the Principles for Responsible Banking and joined the UN Global Compact Kenya chapter, aligning its corporate strategy with the Sustainable Development Goals.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees