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Salient points Revenue rose 5% to R56.5 billion Pre-provision profit increased 4% to R26.4 billion Impairments decreased 14% to R7.2 […]
Read MoreAbsa Backs Initiative To Cultivate South Africa’s Next 1000 Tech Entrepreneurs
Absa Group has announced that it will support entrepreneurship through its partial funding of the […]
Absa Receives Award And Commendation At The 2020 Cyber Security Awards
Absa Group Limited’s cybersecurity team was named the ‘Not for Profit Team of the Year’ […]
Absa PMI For August Has Pointed To A Further Improvement In Conditions In The Manufacturing Sector
The Absa Purchasing Managers’ Index (PMI) posted a robust increase to 57.3 index points in August, up […]
Absa Earnings Decline As Economic Impact Of COVID-19 Increases Impairment Charges
Salient points: Revenue increased 3% to R40.1 billion Operating costs fell 2% to R21.6 billion […]
Absa Collaborates With Epic ERP And AJS To Offer Digital Solutions
Absa collaborates with Epic ERP and AJS to offer digital solutions that help clients run […]
Absa Group Cybersecurity Team Shortlisted For Three Awards
Absa Group’s cybersecurity team has been shortlisted in three categories in the 2020 Cyber Security […]
CDC Announces Additional US$75 Million Trade Finance Deal As Part Of COVID-19 Response
 Forms a key pillar of CDC’s response to COVID-19• Brings total trade finance commitments with […]
Resumption Of Foreign Exchange Operations
Following discussions with the Central Bank of Kenya, we have worked through their concerns and […]
Absa Group Scales Up COVID-19 Community Support Across SA
Financial services group, Absa and its staff, have stepped up contributions towards fighting COVID-19, by […]