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Absa Purchasing Managers’ Index March 2023

3 April 2023

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) ticked down slightly in March to 48.1 from 48.8 in February. After a solid start to the year, this was the second […]

Absa To Extend Energy Grants To SMEs Amid Crises

Struggling businesses will soon be able to apply for their share of the R50 million in grants to keep their businesses running. In a move aimed at supporting and growing […]

Absa To Implement Landmark B-BBEE Transaction

31 March 2023

Absa Group has finalised the details of a new broad-based black economic empowerment (B-BBEE) transaction, to be implemented later this year, subject to shareholder approval. The transaction will strengthen Absa’s […]

Absa Group Announces Net Zero Targets As Part Of Broader Sustainability/Sustainable Finance Goals

24 March 2023

Absa’s leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets. Johannesburg, 24 March 2023: Absa Group, Africa’s […]

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 […]