Absa Bank Kenya PLC 2021 IR
The report highlights Absa Bank Kenya PLC's performance and sustainability progress for the fiscal year 2021. The company achieved a 161% year-on-year growth in profit after tax, reaching Shs 10.9 billion, and improved its cost-to-income ratio to 46%. Under its sustainability framework, the company trained all employees on future skills, supported over 5,850 women entrepreneurs through its She Business proposition, and achieved a 13% reduction in its energy footprint. Additionally, the bank advanced Shs 128 billion in gross lending to support customers' recovery from the COVID-19 pandemic.
Company: Absa Bank Kenya PLC
Sector: Financials
Country: Kenya
Year: 2021
Type: IR
Pages: 216
Absa Bank Kenya PLC
Integrated Report And Financial Statements
The report highlights Absa Bank Kenya PLC's performance and sustainability progress for the fiscal year 2021. The company achieved a 161% year-on-year growth in profit after tax, reaching Shs 10.9 billion, and improved its cost-to-income ratio to 46%. Under its sustainability framework, the company trained all employees on future skills, supported over 5,850 women entrepreneurs through its She Business proposition, and achieved a 13% reduction in its energy footprint. Additionally, the bank advanced Shs 128 billion in gross lending to support customers' recovery from the COVID-19 pandemic.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 15, 2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees