ABSA Group

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…

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 Moves Subsidiary Banking Platforms from UK to South Africa

The Absa group, one of Africa’s major financial service providers has announced that it has successfully moved its…

Absa Group 2018 earnings up; resets for delivery against strategy

Absa Group Limited, one of Africa’s largest financial services providers, reported an increase in revenue and earnings for…

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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…