Absa Kenya launches asset management unit



Kenyan Wall Street | by Jackson Okoth


Absa Kenya has officially launched the Absa Asset Management Limited, a wholly-owned subsidiary that will offer wealth and asset management, as it eyes a piece of the lucrative KSh 1.3 Trillion industry.

Absa Kenya CEO Jeremy Awori said that the new subsidiary is in line with the lender’s goal to become a wholesome financial institution with a diverse portfolio of products and services beyond the banking business across East Africa. The subsidiary would enable Absa Kenya to…

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