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Absa triumphs in Euromoney Private Banking and Wealth Management Survey

14 February 2019

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 Partner To Empower The Youth

5 February 2019

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 […]

Absa Innovation Lab To Host World Bank’s Mission Billion Innovation Challenge

30 January 2019

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. […]

Chief Executive, Maria Ramos To Retire At End Of February 2019

29 January 2019

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 […]

Absa Joins Global Heavyweights On PCI Security Standards Council Advisory Board

25 January 2019

Absa Group is pleased to announce that Sandro Bucchianeri, Absa Acting Group Chief Security Officer, has been named a member of the Payment Card Industry Security Standards Council’s (PCI SSC’s) […]

Absa, Societe Generale To Roll Out Client Offering In Africa; Agree Acquisition In SA

18 January 2019

Commercial agreement signed to launch a unique pan-African offering Separate agreement reached on the sale to Absa of the custody, trustee and derivatives clearing services operated by Societe Generale in […]

Absa Group Launches In United Kingdom

20 September 2018

Move will open opportunities of growing African market to UK and European investors Today, Absa, one of Africa’s largest diversified financial services groups, launches their UK office. Officially trading as […]

Absa Group Reports 3% Increase In Earnings, Bolstered By Improved SA Retail And Business Banking Unit Performance

20 August 2018

*Key financial highlights for the first half of 2019: Headline earnings increased 3% to R8.3 billion Revenue increased 6% to R39.1 billion Operating expenses increased 6% to R22.1 billion Return […]

Absa Corporate And Investment Banking Looks Towards Growth Possibilities For Africa

Much has been said about the African growth story and the opportunity our continent presents. But the role of financial institutions in securing that growth cannot be underplayed. As a […]

Absa Group Reports 3% Increase In 2018 Interim Earnings And Income

8 August 2018

Highlights: Headline earnings rose 3% to R8 billion Return on equity improved slightly to 16.9% from 16.8% Revenue grew 3% to R37 billion Operating expenses rose 4% to R20.8bn. Cost-to-income […]