Nairobi, March 4 -- Absa Bank has reported a Sh22.9 billion after-tax profit for the year ended December 2025, representing a 10 percent growth buoyed by cost-cutting.

The lender's profit rose from Sh20.8 billion reported in the preceding year, a rise largely attributable to a 12.2 percent reduction in operating expenses.

Absa spent Sh28.6 billion last year to keep its operations running, down from Sh32.6 billion in 2024, a move that helped cover the decline in revenue in the bank's core business of lending.

The bank's loan book grew marginally by one percent to Sh312.1 billion, up from Sh309 billion. Interest income from lending declined to Sh42.8 billion from Sh53.3 billion.

The drop in interest earned from loans followed a decline ...