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Absa Group Reports Strong Earnings; Remains Well Positioned For Growth

13 March 2023

*Salient points Revenue increased 15% to R98.9 billion Operating costs rose 7% to R50.9 billion Cost-to-income ratio improved to 51.5% from 55.2% Pre-provision profit increased 25% to R48 billion Impairments […]

Financial Action Task Force (FATF) Decision To Grey List South Africa

10 March 2023

Absa’s position on the grey listing of South Africa by FATF While the decision by the Financial Action Task Force (FATF) to place South Africa on its so-called ‘grey list’ […]

Turning Dreams Into Reality For South Africa’s Future Leaders

Technology has changed the way we learn and accelerated the speed at which things work. In today’s workplace and educational setting, laptops have become a requirement and while this is […]

Absa Purchasing Managers’ Index February 2023

1 March 2023

After surprising on the upside in January, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined to 48.8 index points in February. This was the first time since September 2022 […]

Your Opinion Matters

13 February 2023

As a valued Absa customer, your views and insights are crucial in our efforts to develop products and services that will meet your needs and simplify your banking. That’s why […]

Absa Group: Investing in Africa’s Growth, Together

8 February 2023

Absa Group is a leading financial services provider in Africa, with a deep commitment to the continent’s growth and prosperity. We believe that our success is intertwined with the success […]

Absa Purchasing Managers’ Index January 2023

1 February 2023

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) came in at 53.0 index points in January 2023 – virtually unchanged from 53.1 in December. A decline in the employment and […]

Absa Group To List Its Ordinary Shares On A2X Markets

26 January 2023

Absa Group Limited will list its ordinary shares for trade on A2X Markets from 2 February 2023. Absa Group will retain its primary listing on the Johannesburg Stock Exchange and […]

A Message From Amenda Makhetha To Observe Data Privacy Day

24 January 2023

Absa’s Journey Over the years, we have embedded Data Privacy frameworks, policies, processes, and procedures to protect personal information and to support compliance with data protection requirements across all our […]

Absa Appoints Group Executives In People Function

8 December 2022

Absa Group Ltd. today announced the appointment of three Group executives, with effect 1 January 2023, signalling further progress in its ambition to create a winning, talented and diverse team. […]