ABSA Group

South Africa: Absa Group confirms expansion into China with new office 

Absa Group expands into China with the inauguration of a new non-banking subsidiary in Beijing. The non-banking subsidiary…

South Africa: Absa Targets Opportunities in China’s Corporate Expansion Across Africa

Absa Group aims to capitalize on growing investment by private Chinese firms in Africa, according to the head…

Absa Group reports strong earnings; remains well positioned for growth

Absa Group has reported strong normalised headline earnings of R21 (South African Rand) billion for the 2022 financial…

Absa Group appoints Arrie Rautenbach as Chief Executive Officer

Absa Group today announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment…

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Absa Group 2021 earnings increase on lower impairments, higher pre-prevision profit

Absa Group headline earnings more than doubled to R18.6 billion in 2021 (R8 billion in 2020), well in…

Absa Group appoints Saviour Chibiya as Group Executive, Regional Operations

Absa Group has announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). Saviour will…