Absa advises that an employee has unlawfully made selected customer data available to a small number of external parties. The leaked data relates to a small portion of Absa South […]

The Absa Purchasing Managers’ Index (PMI) (link to attached PMI Report – November 2020.pdf) declined to 52.6 index points in November from the solid 60.9 points recorded in October. The decline comes […]

Absa Group Financial Director Jason Quinn was named CFO of the Year at the 2020 CFO Awards on 25 November. Jason won three of the ten awards, including the ‘Strategy […]

Absa Group has won an award from the Institute of Risk Management South Africa (IRMSA) for the best Industry Specific Risk Initiative (financial category) in response to the COVID-19 pandemic. Absa also […]

Absa Group has announced that it will support entrepreneurship through its partial funding of the 1000 Tech Entrepreneurs Programme, assisting aspiring South African entrepreneurs in creating innovative technology businesses. The […]

Absa Group Limited’s cybersecurity team was named the ‘Not for Profit Team of the Year’ at the 2020 Cyber Security Awards on Thursday, 10 September 2020. The award was made […]

The Absa Purchasing Managers’ Index (PMI) posted a robust increase to 57.3 index points in August, up from 51.2 in July. This points to a further improvement in conditions in the manufacturing […]

Salient points:  Revenue increased 3% to R40.1 billion  Operating costs fell 2% to R21.6 billion Cost-to-income ratio improved to 53.9% from 56.7% Pre-provision profit increased 9% to R18.5 billion Impairments […]

Absa collaborates with Epic ERP and AJS to offer digital solutions that help clients run a secure and efficient business. Absa Corporate and Investment Banking (CIB) has collaborated with two […]