NTV Kenya: ABSA Bank Kenya HY2026 Earnings | Business Redefined
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ABSA Bank Kenya HY2026 Earnings | Business Redefined
Absa Bank Kenya is the latest to join the high dividend tide at the Nairobi Securities Exchange having bumped its interim dividend 150.0% to Kes 0.50/share in its HY2026 earnings. A conversation with the bank's interim MD & CEO, Yusuf Omari for a deep dive into the HY2026 numbers.
Kenya's Special Funds Market | Business Redefined
Special Funds are the fastest growing class of Collective Investment Schemes in Kenya with assets under management having surged 134.84% y/y to close Q1 2026 at Kes 203.56 billion. Mansa-X by Standard Investment Bank dominates this space with four funds under its stable accounting for 75.23% of the market. We have a conversation with the man steering this >US$1.1 billion fund, Nahashon Mungai, to whip through the special funds landscape in general & Mansa-X in particular.
On the agenda:
- The fund's return profile, benchmarks used & underlying risk
- Investment play & the strategies being deployed
- Liquidity management in a >US$1.1 billion fund
- Global macros, shifting tides & impact on the fund
ABSA Bank Kenya HY2026 Earnings - | Business Redefined - CFO Chat
Absa Bank Kenya believes that engaging the volumes play will be critical in helping the business tide through the tide of margins compression that is piling pressure of banking sector earnings as being revealed by HY2026 numbers. Julians sat down with the Interim Chief Financial Officer, Diana Wangari and asked her just how much the bank can play to the cost of funding advantage (down to 2.8%) visible in HY2026 earnings as it sweats its deposits to keep the volumes momentum going (loan-to-deposit closed HY2026 at 88.0%). She argues that the bank is ahead of target in terms of rejigging its deposit book (CASA now 75.0% of book from 64.0% a year earlier) hence ample room to keep the cost of funds on a tight leash. Julians challenged her about the sag in the bank's top & bottom lines, she argues that it is incomplete to focus on that while ignoring the 21.7% ROE. She says that the bank took advantage of this season to pass on the 150.0bps decline in yields to pass on to borrowers.
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Reporting originally appeared via NTV Kenya. Read the full source for additional context.