Amalgamated Banks of South Africa, formerly known as Barclays Group Limited is a South Africa based financial service group that offers commercial banking, financial services, retail banking, credit cards, private equity, investment management, investment banking and bank assurance. Absa was founded 30 years ago in 1991 and it's headquarters are in Johannesburg, South Africa.
Senior Bank Managers have been terminated for supposedly abetting a cash heist of Kshs 5.2 million from a dead man account between April and May 2019. Absa bank Kenya in that period got 20 checks purportedly endorsed by Surgeon Wilson Muchiri. Dr. Muchiri who held a joint account with his wife kicked died in 2017 after a short sickness.
Loans are an important part of the investment journey of an individual.The core business of banks is to offer financing.This is done to business people that want to expand their businesses and others who want to do investments with the funds.
Rt.Hon Edwin Sifuna is a Kenyan politician and also the ODM party Secretary general.Today on his official verified Twitter account he has posted a tweet concerning the way the Judicial commission are asking questions to the SC Fred Ngatia.Photo of SC Fred Ngatia.According to Edwin Sifuna on his tweet he has liken the channels to a player from Manchester City called Kevin De Bruyne.
Broad light thuggery has remained to be the talk of every other day in Nairobi. This happens as many people have continued being attacked by ruthless thugs operating around the streets. Phone snatching has become a common habit as many people loose their phones to snatchers who surprisingly attack using a motorbike.
Compared to the rest of the world, Kenya has the highest number of WhatsApp users. According to the Global Web Index’s 2020 Social Media User Trends Report, 97 percent of all internet users in Kenya are active on WhatsApp. This present an opportunity for Absa to create WhatsApp banking.
we have several money lending apps that are so legit with very low interest.Before you borrow any loan, a)Be intentional b)Have a plan c)Be aware of the terms d)Pay early to enjoy cheaper credit and higher loan limits 1.Tala Tala is a money lending app that has an interest of 19% http://inv.re/8q9e9 2.Timiza Timiza is a mobile lending app offered by Absa bank.The loans are only applicable to subscibers of Mpesa who have used th M-pesa services for 6 months, actively used other safaricom services such as voice, data and M-pesa.
Teachers Service Commission has already finalised paying teachers their October salaries with some Banks already having credited teachers's accounts. Equity bank has been leading in paying teachers early as other banks follow to the chargrin of Teachers who earn through other SACCOs and banks. Taking to social media, Teachers Announced the early arrival of their pay and now their weekend will be a good one. Another bank which has behaved is Absa or previously Barclays bank. Absa clients' took to Facebook to
As Technology is continuing to grow rapidly their are too many inventions.In money and banking also Technology is growing rapidly and hiding money under the matress is outdated.It is totally unsafe to keep your money under the matress or in the house.
Imagine owning your own bank that has thousands of branches across different countries of the world. This must cost a lot of finances and resources, right? Owning banks is for the might and the wealthy in society. Here is a list of the banks in Kenya and the tycoon business moguls who own banks in Kenya and Outside. 1.The Cooperative bank of Kenya. It belongs to the cooperative society where the Coop Holdings corporation society limited owns 65% of the total shares, while 35 % is subdivided into 116,000 investors.
Legendary athlete and marathon record holder Eliud Kipchoge is currently trending on social media after his terms of contract with giant auto mobiles company Isuzu and Absa bank formerly known as Backlays were exposed. Normally when a high-achieving person bags ambassadorial deals with National and multinational companies they are usually paid in tune of millions and if not then it must be some amount considered good for the pocket But for Kipchoge, it is a dream yet to come true. It has been revealed that Isuzu
The rule of the game in the stock market is always to buy small and sell big, the best time to do so is now.Buying shares from insurance sector, banking, Telecom and manufacturing sector can reap you big when the pandemic is over.
Barclay's bank Kenya , one of the leading banks in the financial sector of our great country has announced to their customers that they can actually own their dream home by saving up a little with Barclay and then use their facility loan. This loan is realistic and easy to get, provided the is interested in property acquisition, whether you are a guru or a first timer, the bank has promised to be there for you. Whether you’re a first-time buyer, buying another property, buying to let or wanting to build your
Police have nabbed fours suspected robbers, who were allegedly chasing a woman who had withdrawn money from a bank. The police say the four had been following the woman looking for an opportunity to rob her. The nyahururu based woman identified only as Muthoni, who had withdrawn a large sum of money, made a distress call to the police informing them of a suspicious gang of four trailing her and his son after leaving the bank.
Akothee is not done praising her daughter yet , she has revealed that she spent sh.150,000 monthly upkeep while her daughter was studying . Akothee breaking down the expenses of her daughter's education at University said she needed 2M yearly for her alone . "👉I passed by Absa bank to tell them ,the many transactions I did to veshas account ,were actually school fee and their upkeep in Nairobi School fee per 400,000 Upkeep per month 150,000 ksh So it means If I don't have 2, 2m a year ,vesha would not
Here Is The Amount Of Money Jeremy Awori Earns As The Absa Bank Kenya CEO. 22nd December 2020, Nairobi Kenya. Jeremy Awori is the Chief Executive Officer of the Absa Bank Kenya, formerly known as Barclays Bank. He is one in the list of the highest paid Chief Executive Officer's in the country and he has sailed the Absa Bank to success for several years now. Jeremy Awori just like the other top CEO's in the country, his monthly salary is raised by the bonuses that he gets and these bonuses are pegged on how he
In a tweet that read "Congratulations to our MD, @JeremyAwori for being ranked no.1 among the Top 25 CEOs setting the business agenda in Kenya in 2021, for the 2nd year running. Thank you for inspiring us to always get things done! #WeLoveAfricanacity" ABSA has taken to the tweeter to congratulate their CEO for attaining this achievement twice. Jeremy Awori is the Chief Executive Officer at Absa Kenya, where he joined in February 2013. Previously he worked at Standard Chartered as Executive Director and Head
Musician Akothee is known for her straight forward nature. She has never shied away from talking about her past life and the struggles she went through to make it in life. Severally she has talked about how she came from nothing to being something in the society through hard work and perseverance. This was clearly demonstrated from her recent post on her Instagram account where she revealed her bank account statement from the year 2007. At that point in time she was banking with Barclays Bank (currently known
The Nairobi Securities Exchange (NSE) recorded an equity turnover of Ksh.214,849,537 when trading came to closer at the bourse on Wednesday this week. The drop came after 9.2 million shares were traded in 1077 deals. The bourse recorded a turnover of Ksh.427.3 million and a volume of 12.2 million shares traded in 1279 deals when trading was closed at the bourse.
Money lender’s operational expenses chosen up by 28 apiece cent to Ksh.20.1 billion from Ksh.15.7 billion as the bank’s disguise for credit defaults grew by 245 for each cent to Ksh.7.6 billion. Cumulatively, the superior expenses grew forward of in commission revenue which chosen up by a plain 2.4 for each cent to Ksh.25.4 billion from Ksh.24.8 billion go on year. This is as lattice consequence returns run into Ksh.17.1 billion from Ksh.16.8 billion and non-interest funded takings (NFI) selected up to Ksh.8.3