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2024 Interim results

19 August 2024

2024 interim results salient points • Revenue increased 3% to R53.7 billion • Operating costs increased 8% to R28.3 billion • Cost-to-income ratio increased to 52.7% from 50.6% • Pre-provision […]

Absa Group, SACCI celebrate success of inaugural Women-in-Business Directors Training Programme

13 August 2024

Absa Group is proud to have collaborated with the South African Chamber of Commerce and Industry (SACCI) to sponsor the inaugural Absa-SACCI Women-in Business Directors Training Programme, which took place […]

Unlock Your Business Potential: Visa’s ‘She’s Next’ Sub-Saharan Africa Competition Now Accepting Applications

24 July 2024

Global payments leader, Visa, in collaboration with Absa, one of the largest diversified financial service providers in Africa, has rolled out its advocacy programme, She’s Next, across South Africa. The […]

Absa to Enhance Digitally Powered Financial Solutions in Africa

18 July 2024

Absa Group is extending pivotal partnerships in the digital space to offer clients continued seamless and innovative banking experiences. This strategic move ensures clients will benefit from enhanced features such […]

Absa funds building rentals to support South African Depression and Anxiety Group (SADAG) for three years

In a significant move to support mental health initiatives in South Africa, Absa is proud to announce its funding of rentals for a building for the South African Depression and […]

SymphonyAI and Absa Group Recognised as ICA Compliance Awards ā€œ2024 Technology Partner of the Yearā€ for predictive and generative AI SaaS innovations

8 July 2024

Partnership recognised by International Compliance Association for its collaborative work in AI-driven risk management that reduced false positive alerts by 77% and accelerated the new risk identification hit rate by […]

Absa Group Concludes Further Agreements with MIGA; Advances Pan African Climate Finance

27 June 2024

Absa Group Ltd, one of the largest diversified financial service providers in Africa, has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank […]

Absa presents ā€˜The People’s Biskop’, powered by Umphakathi Artists to celebrate Youth Month

14 June 2024

In celebration of Youth Month, Absa, in collaboration with Umphakathi Artists, is excited to announce a public special cinema event to honour the legacy of the Class of 1976. This […]

Regulatory approvals secured for Absa to acquire the domestic Wealth and Personal Banking and Business Banking business of HSBC Mauritius.

Absa Group is pleased to announce that it has obtained regulatory approval from key regulatory authorities to acquire the domestic Wealth and Personal Banking and Business Banking businesses of the […]

Absa partners with the Karkloof Country Club in a new three-year agreement to support the community

6 May 2024

Following the conclusion of a new three-year agreement with Absa, the Karkloof Country Club will now be known as the Absa Karkloof Country Club. ā€œPrior to formalising our partnership agreement, […]