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Top news
Salient points Revenue increased 5% to R115.7 billion Pre-provision profit increased 4% to R53.5 billion Impairments decreased 6% to R13.4 […]
Absa PMI August 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) further declined in July, suggesting that the […]
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 […]
Absa Continues To Do More For Its Customers With An Extra 10% Cash Back On Fuel Spend
Absa Rewards boosts its fuel offer to provide members with more value and cushion them […]
IFC And Absa Bank Partner To Increase Affordable Housing Finance In South Africa
To increase access to affordable housing in South Africa, IFC and Absa Bank Limited, one […]
Proparco And Absa Join Forces To Support SMEs Impacted By The Covid-19 Crisis
Proparco is collaborating with South Africa’s third largest bank by assets, Absa Bank Limited, by […]
Absa Purchasing Managers’ Index (PMI) Rose To 57.1 Index Points In January 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) recovered from December’s loss of momentum and rose to […]
Absa Group 2021 Earnings Increase On Lower Impairments, Higher Pre-provision Profit
*Salient points Revenue increased 6% to R85.9billion Operating costs rose 4% to R47.4 billion Cost-to-income […]
Absa Group Strengthens Executive Team, Refines Operating Model
Absa Group Strengthens Executive Team, Refines Operating Model As part of Absa Group’s […]
Purchasing Managers’ Index (PMI) Rose By 4.1 Index Points To Reach 54.8 In May 2022
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 4.1 index points to reach 54.8 in […]