The seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose by 2.2 points to reach 47.2 index points in April. This was the first increase after three months of declines in […]

Statement regarding COMPETITION TRIBUNAL case On 17 February 2017, the Competition Commission of South Africa announced that it had decided to refer several banks (foreign currency traders) to the Competition […]

Absa Group launched a #BeatPlasticPollution campaign last week as a commitment to reducing its environmental footprint. The group has replaced a range of single-use plastic items used by about 22 […]

Absa Group successfully migrates subsidiaries’ banking platform from UK to South Africa Absa Group Limited today announced that it has successfully migrated the banking platform used by six of its […]

Absa Group Reports Increase in 2018 Earnings; Resets for Delivery Against Strategy *Key Financial Highlights: Headline earnings rose 3% to R16.1 billion Return on equity improved to 16.8% from 16.5% […]

Johannesburg – Absa Group Limited has stepped up efforts to combat a recent spike in illicit debit orders and will file criminal charges against those suspected of being responsible. This […]

Absa Wealth Management has won several first places in the prestigious Euromoney Private Banking and Wealth Management Survey 2019, testimony to the bank’s excellent Wealth offering. The survey covers 12 […]

Absa and The Digital Academy hosted a technology showcase on 31 January 2019 to unveil solutions and applications built by The Digital Academy interns as part of a six-month programme […]

The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge. […]

Absa’s Group Chief Executive Officer, Maria Ramos will retire at the end of February 2019.  Maria has chosen to retire in February when she turns 60 and will become eligible […]