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Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. [3] It is licensed by the Central Bank of Kenya , the central bank and national banking regulator.
Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
This is the Central Bank of Kenya's list of Licensed Microfinance Banks, updated in August 2024. [3]Caritas Microfinance Bank Ltd; Branch Microfinance Bank Ltd
Bank of India; Barclays Bank (Kenya) [51] CfC Stanbic Holdings; Chase Bank (Kenya) ... Barclays Bank; CBZ Bank Limited; CFX Bank, formerly CFX Bank [116] Ecobank ...
In 2004 he was promoted to Regional Treasurer, East Africa, responsible for treasury functions at Barclays subsidiaries in Kenya, Tanzania and Uganda. In 2009, he was again promoted to managing director and chief executive officer of Barclays Bank of Tanzania, serving there until 2016. In May 2016, he was appointed as the CEO of I&M Bank Kenya.
Later he worked at Barclays Bank of Kenya (today Absa Bank Kenya). He then worked for brief stints at K-Rep Bank (today Sidian Bank) and at PwC Kenya. In 2008, he was hired by Barclays Africa Group (today Absa Group Limited), working as head of human resources in three divisions of the banking conglomerate. He was hired by the KCB Bank Group in ...
In 2016, Barclays Bank Plc, which owned 62.3 percent of Barclays Africa Group (BAG), the then majority shareholder of Barclays Bank of Ghana Limited, decided to divest its majority shareholding in BAG, worth £3.5 billion at that time. In 2017 Barclays reduced its shareholding in BAG to 14.9 percent. [7]
By 2001, the bank had become a wholly owned subsidiary of Barclays. [15] Since March 2016, the bank has been wholly owned by the Barclays Africa Group . [ 16 ] With the re-branding of Barclays Africa Group , in 2018, Absa Bank Uganda is a 100 percent subsidiary of Absa Group Limited .