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News
Media Centre
'The latest news about Absa Group Limited. The group is listed on the Johannesburg Stock Exchange and takes an active interest in all the African countries in which Absa is represented.
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2022
Absa funds the first Renewable Energy Projects
Absa funds the first Renewable Energy Projects to reach Financial Close in Bid Window 5 of the South African REIPP Programme Johannesburg, 14 November 2022–Absa acted as the joint mandated...
2022
Absa gets stainability linked term loan facility
On behalf of Absa Bank Limited (the “Borrower” or “Absa” or the “Bank”), Bank of America Europe Designated Activity Company, Industrial and Commercial Bank of China Limited, London Branch, SMBC...
2022
Absa L’Atelier 2021 Ambassadors joint exhibition
Absa is proud to extend an invitation to the public to the upcoming Absa L’Atelier 2021 Ambassadors joint exhibition. The exhibition, supported by the theme ‘Refuge: An uncommon home’, will...
2022
African markets build resilience in a challenging environment
Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to...
2022
Absa and Zindi put the spotlight on data science as a career
Absa Group, one of Africa's largest financial service providers, hosted a Data Science Career Day on Friday, 7 October 2022, together with Zindi, the largest professional network for data scientists...
2022
Absa Purchasing Managers’ Index October 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose from 48.2 index points in September to 50 in October¹. This is slightly better than the average recorded during the previous quarter (49.6)....
2022
Solar Tronox
Absa acted as joint mandated lead arranger and lender for South Africa’s first utility scale renewable energy captive power project, comprising 200MW of solar power, which will be built in...
2022
20 Cybersecurity students graduate from the Absa Cybersecurity Academy
Absa Group, one of Africa's largest financial service providers, in partnership with Maharishi Invincibility Institute, is pleased to announce that its first cohort of 20 students has graduated from the...
2022
Absa PMI August 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) further declined in July, suggesting that the manufacturing sector experienced a tough start to the third quarter following a weak second quarter....
2022
Absa Group 2022 Interim Earnings Increase 27%, Demonstrating Continued Strong Recovery
*Salient points Revenue increased 14% to R46.9billion Operating costs rose 7% to R24.1 billion Cost-to-income ratio decreased to 51.4% from 54.9% Pre-provision profit increased 23% to R22.8 billion Impairments increased...