Absa Bank Kenya Plc · NSEKE:ABSA
Absa Bank Kenya — H1 2026 Earnings Presentation
31 slides from Absa Bank Kenya's earnings presentation, August 2026
Slide 1: Absa Kenya Investor Briefing H1 2026
Absa Kenya Investor Briefing H1 2026 EXPLORE 1 H1 2026 Investor Briefing
Slide 2: Agenda
Agenda Operating Business Financial Strategy Update Environment Overview Performance 2 H1 2026 Investor Briefing
Slide 3: Operating Environment
Operating Environment Yusuf Omari Interim Chief Executive Officer 3 H1 2026 Investor Briefing
Slide 4: Global Macro Environment
Global Macro Environment Global growth impacted geo-political risks, disinflation has stalled with Brent Crude swinging from $110 now at $88 3.0% 4.7% $88 3.5% G LO BAL G RO W TH 2 0 2 6 F G LO BAL I NFLATI O N 2 0 2 6F BRE NT, 1 4 Augus t W O RLD TRADE G RO W TH Rebound to 3.4% in 2027 Up from 4.1%
Slide 5: Kenya Macro Environment
Kenya Macro Environment Inflation within the target band, the shilling is stable at 129.4, with private sector credit growth accelerating to 10.2% from supportive monetary policy 4.9% 129.4 14.3% 3.0% G DP G RO W TH 2 0 2 6 F KE S / US D AV E RAG E LE NDI NG RATE CURRE NT ACCO UNT Projection remain
Slide 6: Business & Strategy Overview
Business & Strategy Overview Yusuf Omari Interim Chief Executive Officer 6 H1 2026 Investor Briefing
Slide 7: Our footprint: part of a leading Pan African financial institution
Our footprint: We are part of a leading Pan African financial institution with global reach Absa Group 1,035 139,436 >37, 033 Branches POS Employees 6,240 12 3 Countries Representative ATMs in Africa Offices Absa Kenya 89 20,749 >2,000 Branches POS Employees 263 558 +7,000 billion Agents ATMs & CDMs
Slide 8: Deepening Kenyan Franchise: Absa Group's tender offer
Deepening Kenyan Franchise: Absa Group's transaction accelerate pan-African strategy, deepen capabilities and create growth opportunity — while offering value and choice to shareholders Absa Credentials Strategic Rationale Voluntary Tender Offer Next Steps 1. One of Africa's largest • The Tender Off
Slide 9: Our Strategy: four pillars to drive sustainable performance
Our Strategy: Our strategic roadmap is anchored on four pillars to drive sustainable performance and transformation Our purpose: Empowering Africa’s tomorrow, together … one story at a time Strategy anchored on customer With clear execution focus areas in the medium-term CUSTOMER-LED GROWTH DIVERSIF
Slide 10: Strategic Pillar 1 - Customer-led growth
1 Strategic Pillar 1- Customer-led growth Improving customer acquisition while elevating customer experience across the franchise Key customer metrics Build segment-led customer value Drive a differentiated brand and propositions and capabilities customer experience Product Holding Primacy Revamped
Slide 11: Strategic Pillar 2 - Revenue diversification
2 Strategic Pillar 2 – Revenue diversification Our investments in new businesses continue to drive our revenue diversification strategy thereby future-proofing our business and delivering market-leading performance Non Funded Income (KES Mn) (excluding FX and Trading) New Business Incomes(KES Mn) 1
Slide 12: Strategic Pillar 3 - Driving excellence
3 Strategic Pillar 3 – Driving excellence Sustained digitization of workflows to streamline operations while transforming our operating model towards supporting the customer agenda leading to productivity uplift NFI to OPEX Ratio of Frontline staff to support 68:32 Cost and Structural costs optimiza
Slide 13: Strategic Pillar 4 - New growth opportunities
4 Strategic Pillar 4 – New growth opportunities We continue to make significant investments in our digital platforms to accelerate growth of our diversified non-funded income Digital Revenue (KES Mn) Digital Disbursements (KES bn) 1 Enabling lending at scale: 34% 1,123 17% 14.8 • Double-digit increa
Slide 14: Customers and Stakeholders engagement
Customers and Stakeholders engagement: We continue to deepen partnership with key stakeholders to drive execution Personal and Private Bank Business Banking Corporate & Investment Bank Accelerating the execution of our segment- Expanding into priority sectors by offering Connecting capital, expertis
Slide 15: Building a trusted Brand
Building a trusted Brand: We continue to elevate Absa’s positive impact on our customers, communities and the environment, further deepening stakeholders trust and growing brand consideration Launch of sustainability report Key sustainability highlights KES 40 bn 350,000 1.8 Mn Trees Inclusive finan
Slide 16: Our Leading Employee Value Proposition
Our Leading Employee Value Proposition: We are building a home of talent and diversity while driving a high-performance and innovative culture as demonstrated by our ‘Top Employer’ certification for the fifth consecutive year Certified ‘Top Employer’ for the 5th Building a home of talent and diversi
Slide 17: Financial Performance
Financial Performance Diana Mwaniki Interim Chief Financial Officer 17 H1 2026 Investor Briefing
Slide 18: Bolstered balance sheet
Bolstered balance sheet: Growth in our strategic focus areas leveraging our strong customer franchise Customer Deposits Customer Loans and Advances (In KES bn unless stated otherwise) Focus on optimizing our deposits structure to lower our cost of funding Accelerating balance sheet momentum across o
Slide 19: Momentum in revenue
Momentum in revenue: A well diversified business with investments in new revenue streams driving performance Revenue Performance (KES bn) Revenue Performance 31.5bn 1. Net Interest Income (KES Mn) Yield on Loans 29.3bn Passing benefits through to our customers 8.2 22,339 (5%) 14.1% (150bps) 21,139 1
Slide 20: Sustained improvement in efficiency
Sustained improvement in efficiency: Sustained efficiency levels driving down total costs while we continue to make strategic investments for future growth Total Costs increase from investments (KES Mn) Improved Cost to Income Ratio (In KES mn unless stated otherwise) +5.7% 46% 46% 12,096 11,447 4,0
Slide 21: Portfolio quality
Portfolio quality: Sustaining quality while maintaining a robust balance sheet in a tough operating environment Impairments reduction driven by improved portfolio quality and rigorous collection efforts Gross NPLs Ratio (In KES mn unless stated otherwise) 14.6% (4%) Industry 1 13.0% (2.9%) 10.1% 3,2
Slide 22: Resilient performance despite a complex operating environment
Resilient performance despite a complex operating environment: Double-digit growth in profitability P&L Indicators (KES bn) H1 2025 H1 2026 YoY Commentary Income 31.5 29.3 (7%) Rates and FX income drop Net Interest Income 22.3 21.1 (5%) Easing rate cycle Non Funded Income 9.1 8.2 (10%) FX income dro
Slide 23: Delivering resilient performance
Delivering resilient performance: Our efficiency metrics continue to improve while delivering accelerated growth on our non-funded income ensuring that we deliver sustainable returns to our shareholders Indicators H1 2025 H1 2026 Commentary Investments in payments business and growth in NFI/Total In
Slide 24: Strong capital and liquidity ratios
Strong capital and liquidity ratios: Providing capacity to support growth ambition and future capital distribution Core Capital Ratio Total Capital Ratio Liquidity Ratio 45.5% 42.7% 20.5% 19.4% 17.9% 17.4% Regulatory minimum 14.5% Regulatory minimum Regulatory minimum 20.0% 10.5% H1 2025 H1 2026 H1
Slide 25: 2026 Guidance
2026 Guidance Diana Mwaniki Interim Chief Financial Officer 25 H1 2026 Investor Briefing
Slide 26: Guidance: positive medium-term guidance
Guidance: Our strategy execution driving a positive medium-term guidance Performance levers Principal Financial Metrics …Medium Term Target New businesses Double-digit growth in customer 1 accelerating diversifying NFI Accelerated Growth assets Accelerated assets growth 2 with improved demand Increa
Slide 27: Conclusion
Conclusion Yusuf Omari Interim Chief Executive Officer 27 H1 2026 Investor Briefing
Slide 28: H1 2026 Key Messages
H1 2026 Key Messages: Strong delivery in our key strategic pillars, momentum restored on the balance sheet with continued shareholders returns Accelerated strategic Momentum restored on the 1 2 balance sheet, sustained 3 For our shareholders execution quality and strong capital 1. Customer-led growt
Slide 29: For our shareholders
For our shareholders: We remain committed to continue delivering sustainable returns to our shareholders Dividend Performance (KES) Share Price Performance 1 +38% 2.05 +37% 34.15 1.75 1.55 +58% 24.7 1.35 Total Dividend Per 1.1 1.85 18.05 Share 1.55 1.35 1.15 11.45 Final 1.1 150% 0.5 Interim 0.2 0.2
Slide 30: Disclaimer
Disclaimer Forward-looking statements Certain statements in this document are forward looking that relate to, among other things, the plans, objectives, goals, strategies, future operations and performance of Absa Bank Kenya PLC . Words such as “anticipates”, “estimates”, “expects”, “projects”, “bel
Slide 31: Thank You
Thank You Contact Us investorrelationsKE@absa.africa