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*Salient points Revenue increased 13% to R52.3 billion Operating costs increased 10% to R26.1 billion Cost-to-income ratio improved to 49.8% Pre-provision profit increased 16% to R26.2 billion Impairments increased 60% […]
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14 August 2023
*Salient points Revenue increased 13% to R52.3 billion Operating costs increased 10% to R26.1 billion Cost-to-income ratio improved to 49.8% Pre-provision profit increased 16% to R26.2 billion Impairments increased 60% […]
4 August 2023
We’re committed to continually driving positive societal change by investing in women. As a purpose-driven organisation, we’re committed to being an active force for good in everything that we do. […]
3 August 2023
Absa and their sponsorship agency, Playmakers Sponsorship and Marketing, walked away with three awards at the prestigious 2023 Prism Awards, Africa’s most sought-after public relations and communication awards, which took […]
2 August 2023
After what looks to have been a decent second quarter, at least in terms of quarterly growth momentum, the manufacturing sector had a setback at the start of the third […]
31 July 2023
To support the development of certified green buildings in South Africa, IFC today announced a partnership with Absa Bank Limited to help the bank expand its residential and commercial loans […]
28 July 2023
Absa Group’s CEO, Arrie Rautenbach, proudly joins over 115 visionary leaders in signing a pledge to drive positive change in South Africa. This collective effort brings together CEOs from the […]
South Africa’s perfect storm may provide the stretch we need to secure sustainable growth. As the cold weather descends, it’s tempting to get sucked into a downward spiral of negativity […]
26 July 2023
Empowering Dreams, Embracing Diversity: Meet the Inspiring Absa 2021 Ambassadors as they take centre stage in Ghana: Dr Adelheid Frackiewicz – South Africa, Ayobola Kekere-Ekun – Nigeria, and Michael Blebo […]
11 July 2023
Unlocking Potential: Addressing Youth Unemployment in South Africa By Makano Morojele South Africa stands at a critical juncture in its pursuit of sustainable and inclusive economic growth. One of the […]
4 July 2023
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined by 1.6 index points to 47.6 in June 2023. This is the lowest level since mid-2021. For the first time since […]