Barclays on Monday advised its customers to be alert against fraudsters as it completed its legal name change to Absa Bank Kenya.

The bank formally rebranded into the warm red Absa colours Monday, bidding farewell to the blue eagle emblem that has defined it for about 104 years.

The name change comes almost three years after Britain’s Barclays sold most of its controlling stake in Absa, South Africa’s third-largest lender, ending more than a century of the British bank’s involvement in Africa to focus on its home market and the United States.

The late President Daniel Toroitich Arap Moi served as the longest Chancellor of the University of Nairobi between 1978 – 2002. The University fraternity will
forever be grateful to him for expanding the higher education infrastructure to meet the growing demand for University education in Kenya.

May the Almighty God rest his soul in Eternal Peace.

Ref: https://www.uonbi.ac.ke/news/fare-thee-well-baba-moi

Barclays Bank of Kenya has legally and officially begun trading as Absa Bank Kenya PLC. The change will also see the lender’s stock trade as Absa at the Nairobi Securities Exchange (NSE) after receiving all the relevant regulatory approvals.

This is happening as the lender nears the end of its transition and rebranding process. In a statement sent out to stockbrokers, Central Depository and Settlement Corporation (CDSC) instructed brokers to fast-track settlement of Thursday’s trade, often known as trade acceleration.