Following three consecutive months of improvement, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined slightly to 56.2 index points in April from 57.4 in March. Despite the modest pullback, the index […]

Absa Group Limited has appointed Deon Raju as Chief Risk Officer, with effect from 1 June 2021. Deon is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, […]

Ms Punki Modise CA (SA), appointed Interim Absa Group Chief Financial Officer She becomes an executive director on the boards of both Absa Group and Absa Bank A seasoned banker, […]

The Absa Group Board and the Group Chief Executive, Daniel Mminele have come to an agreement pursuant to which he has stepped down as a director and Group Chief Executive […]

Absa Group, one of the largest financial service providers in Africa, has launched a cloud incubator initiative in collaboration with Amazon Web Services Inc. (AWS), a leading cloud services provider, […]

Proudly African bank Absa, in partnership with the South African National Association for the Visual Arts (SANAVA), officially opened applications for the 2021 Absa L’Atelier art competition, and invite young […]

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose for a third consecutive month to reach 57.4 index points in March, from 53 the month before. The increase was supported by an […]

Group provided relief to more than 670,000 customers *Salient points Revenue increased 2% to R81.4 billion  Operating costs fell 2% to R45.6 billion Cost-to-income ratio improved to 56% from 58% […]

It is with profound sadness that the Absa Group announces the passing of our Executive Director and Deputy Group Chief Executive, Peter Matlare, on 7 March 2021 due to COVID-19-related […]