During the first quarter of 2020, the seasonally adjusted Absa Purchasing Managers’ Index (PMI) experienced the weakest quarterly performance since 2009. The PMI averaged at 45.9 index points, compared to 47.6 in the […]

We continued to transform our business while delivering the successful execution of the Separation from Barclays PLC. Over the past year, the Absa Group and the Absa brand emerged stronger […]

Initial R15m contribution towards COVID-19 fight. Funds will extend access to testing and hygiene materials in marginalised communities. Public health and reporting awareness campaign in partnership with government and GovChat. […]

Absa launches extensive COVID-19 payment relief programme Relief for consumer, business banking and wealth customers Bespoke solutions for corporate and business banking clients Additional administration fees waived To allow benefits […]

Customer Questions & Answers (core issues)  1. Is it safe for customers to use Absa branches? 2. If an Absa branch is temporarily closed, how can I take care of […]

Contractor Cleared of COVID-19 Further to the notification we provided yesterday, Absa wishes to convey to the public that we have been informed that the results for individual who was tested […]

*Salient points:  Headline earnings increased 1% to R16.3 billion Revenue increased 6% to R80 billion  Operating expenses growth contained to inflationary levels, increasing 6% to R46.4 billion Pre-provision profit increased […]

Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also […]

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month to reach 44.3 in February 2020. The 0.9-point decline brought the index to the lowest level since the […]