The content of the website you are visiting is not controlled by Absa Ghana. The derivative itself is a contract between two parties and the contract value is determined by fluctuations in the underlying asset. “During this time Absa Kenya cannot transact, inter alia, in the interbank foreign exchange market. The interest rates can go as low as 12.2% with an option for … Sitemap | Absa Bank Kenya PLC. Absa Bank Kenya, in collaboration with the Christian Mission Aid (CMA), has kicked off a food donation drive aimed at supporting over 1,000 vulnerable families affected by COVID-19. Kenya slipped four places rank position seven in the latest Absa Africa Financial Markets Index 2020 report, largely on poor forex reserve and poor microeconomic opportunities. Absa reserves the right to accept or decline any application based on internal policy. Interest is payable in arrears, in the currency of the principal investment and can be paid on a monthly basis or can be capitalised over and above the maximum permissible limit. Sitemap | Absa Bank Kenya PLC. The content of the website you are visiting is not controlled by Absa. We recommend that you read the privacy policies and terms of the other website. You are about to leave the Absa Ghana website. We use cookies to optimise the user experience. Absa’s commitment to protecting the environment. You are about to leave the Absa Ghana website. We may request additional documentation as deemed necessary. For additional tariff information, please refer to our website or speak to the customer advisers in the branch. Absa Bank Kenya (formerly Barclays Bank of Kenya) will now trade as Absa Group Plc after successfully rebranding in Africa. 0.00000000. Please take note. Absa Group We have now committed an additional R18.8 million to South African relief efforts. A spot deal is an agreement between you and us for the sale/purchase of a specific amount of foreign currency at a specified exchange rate for delivery in two working days. ABSA Bank Kenya Plc (ABSA), Sector: Banking, Price: KES 9.50, Beta: 0.98. Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. Interest earned on the account is based on the London Interbank Bid Rate (LIBID) for the investment currency, less a margin determined by Absa. Absa Group Limited market overview - View our up to date exchange rate listings and Indices. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. The requested site will open in a new window. This solution is right for you if you need foreign currency within two working days. This link is being offered for your convenience and Absa is not responsible for accuracy or security of the information provided. If you do not receive any bills in your name, you may bring along the bill of the owner of your residence along with proof of relationship. The official exchange rate mainly channels the transaction of the public sector whilst the actual interbank rate reflects the market forces. The underlying asset is often a financial asset or rate, but it does not have to be. However, all committed transactions as at April 8, 2020, can be settled,” said CBK. You are about to leave the Absa Kenya website. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. This link is being offered for your convenience and Absa Kenya is not responsible for accuracy or security of the information provided. We may request additional documentation as deemed necessary. We are always looking for ways to make your banking experience even better. Registered in Kenya. According to the reserve bank, … The cost of the deal is determined by the exchange rate applicable to that transaction. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya. Q: Is the Dollar going up or down against the Kenyan Shilling? Absa Bank Kenya PLC is regulated by the Central Bank of Kenya. 1.41739000. A: One Dollar is worth 110.1488 Kenyan Shillings today. This link is being offered for your convenience and Absa Ghana is not responsible for accuracy or security of the information provided. Please visit an Absa branch for the real-time rates available at time of exchange. You can borrow an ABSA Home Loan to buy a new home or build your house. A forward exchange contract rate is based on the prevailing spot rate, plus or minus a premium or discount, which is determined by the interest rate differential between the two currencies involved. You are about to leave the Absa website. Registered in Kenya. You may also call our 24-hour Contact Centre on 020 390 0000, 0722 130 120 or 0732 130 120. Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. It is in the spirit of restoring Kenya’s forest cover that Absa Bank promises to contribute by at least 10 million trees in 5 years. Registered office: Stand numbers 4643 and 4644 Elunda Office Park, Addis Ababa Round About, Lusaka, Zambia. Box 2971, Kampala, Uganda. The donation, valued at KES2 million, is part of various initiatives the bank has implemented over the past several in response to the Covid-19 pandemic. Is a contract between two parties and the contract value is determined by the Bank! And Absa Kenya PLC is regulated by the Bank says it will also partner with various organizations that working. Determined by fluctuations in the branch it will also partner with various organizations that are towards! Deals can be settled, ” said CBK applicable to that transaction of 16.. 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