This article is about the banking conglomerate primarily operating within certain African countries. For its flagship South African bank from which its name originated, see Absa Bank Limited. For other uses, see ABSA (disambiguation).
Absa Group
Logo used since 2018
Formerly
Amalgamated Banks of South Africa (ABSA) (1991–2005)
Barclays Africa Group Limited (2005–2018)
Company type
Public
Traded as
JSE: ABG[1]
Industry
Banking
Financial services
Investment services
Insurance services
Founded
1986; 38 years ago (1986)[2]
Headquarters
Johannesburg, South Africa[3]
Area served
Botswana
Ghana
Kenya
Mauritius
Mozambique
Namibia
Nigeria
Seychelles
South Africa
Tanzania
Uganda
Zambia
Key people
Sello Moloko (Group Chairman)
Arrie Rautenbach[4](Group CEO)
Products
Commercial banking
Financial services
Retail banking
Credit cards
Private equity
Investment management
Investment banking
Revenue
R 80.12 billion (2019)[5]
Operating income
R21.75 billion (2019)[5]
Net income
R14.53 billion (2019)[5]
Total assets
R1.399 trillion (2019)[5]
Total equity
R128.7 billion (2019)[5]
Number of employees
35,000+ (2022)
Subsidiaries
List of subsidiaries
Website
www.absa.africa
Absa Group Limited (JSE: ABG[1]), commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange. It offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management and bank assurances.[6]
Operating in 10 Sub-Saharan African countries including in-house South Africa such as Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda and Zambia,[6] the conglomerate maintains representative offices in Namibia and Nigeria[6] and internationals offices in London[7] and New York City,[8] as well as a technology support office in the Czech Republic.[9]
Absa had assets of US$97 billion as of 2022.[10][11]
^ ab"Absa Group Limited". JSE Limited. 25 July 2018. Retrieved 25 July 2018.
^Cite error: The named reference ABSAStart was invoked but never defined (see the help page).
^"Contact Us". Absa Group Limited. Retrieved 11 July 2022.
^"Absa Bank appoints Arrie Rautenbach as new CEO, ending leadership vacuum". Business Live. 29 March 2022. Retrieved 29 March 2022.
^ abcde"Financial results for the reporting period ended 31 December 2019" (PDF). Absa Group Limited. 20 March 2020. pp. 125–127. Archived from the original (PDF) on 12 April 2020. Retrieved 12 April 2020.
^ abc"Country operations". Absa Group Limited. Retrieved 27 March 2020.
^"Absa opens UK office, hopes to profit from post-Brexit trade in Africa". News24. 13 September 2018. Retrieved 4 February 2021.
^Rumney, Emma; Richardson, Alex (11 November 2019). "South Africa's Absa to open New York office by end of the year". Reuters. Retrieved 16 February 2020.
^"Absa Technology Prague s.r.o · Milevská 2095/5, 140 00 Praha 4-Krč, Czechia". Absa Technology Prague s.r.o · Milevská 2095/5, 140 00 Praha 4-Krč, Czechia. Retrieved 11 December 2023.
^"Absa Group: total assets 2017-2022". Statista. Retrieved 11 December 2023.
^Cite error: The named reference 1R was invoked but never defined (see the help page).
AbsaGroup Limited (JSE: ABG), commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa...
Absa Bank Limited, formerly known as the Amalgamated Banks of South Africa, is a commercial bank in South Africa and the flagship bank of AbsaGroup. It...
subsidiary of AbsaGroup Limited Absa Bank Botswana Absa Bank Ghana Absa Bank Kenya Absa Bank Mauritius Absa Bank Mozambique Absa Bank Seychelles Absa Bank Uganda...
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based AbsaGroup Limited. It...
central bank and national banking regulator. The bank is a subsidiary of AbsaGroup Limited, a financial services conglomerate, based in South Africa, with...
Rautenbach (born 27 March 1965) is the chief executive officer (CEO), of AbsaGroup Limited, a financial services conglomerate, with headquarters in Johannesburg...
and corporate executive, who serves as group chairman of AbsaGroup, a large pan-African financial services group, with subsidiaries in Botswana, Ghana...
headquarters of AbsaGroup Limited. "ABSA Building". The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Retrieved 29 September 2019. "ABSA Tower"...
central bank and national banking regulator. ABGL is a subsidiary of AbsaGroup Limited, a financial services conglomerate, headquartered in South Africa...
The 2023 Absa Cup was the 16th edition of the annual knock-out competition in Zambian football contested by the top 6 teams from the Super League and the...
by South Africa-based ABSA (now AbsaGroup Limited) in 2018, the competition's next edition in 2019 was rebranded as the Absa Cup. The video assistant...
previously served as chief executive officer (CEO) of AbsaGroup Limited. Prior to joining Absa in March 2009, she was the CEO of Transnet. This was after...
MTN Group Limited (formerly M-Cell) is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg...
The Bidvest Group Limited also known as Bidvest Group or Bidvest is a South African services, trading, and distribution company. Bidvest was founded in...
Daniel Mminele (born 1965) was the chief executive officer (CEO) of AbsaGroup Limited, a financial services conglomerate, with headquarters in Johannesburg...
the Volkskas Building (now ABSA Centre Pretoria) opened. In the early 1990s, the Amalgamated Banks of South Africa (ABSA) group was formed from the merger...
a commercial bank in Tanzania and a subsidiary of South Africa-based AbsaGroup Limited. ABT is licensed by the Bank of Tanzania, the country's central...
Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and...
mining license. Since 2004, Motsepe has been a non-executive director of AbsaGroup and Sanlam. In 2002 when it was listed on the JSE Security Exchange, African...
This is a list of commercial banks in South Africa AbsaGroup Limited African Bank Limited Bank Zero Bidvest Bank Limited Capitec Bank Limited Capitec...
Hollard Group is a privately owned insurance group based in South Africa that operates under two insurance licences: short term and life. The company was...
lending bank and relisted it on the JSE.: 14 In 1998, Theta Investment Group Limited acquired the bank's license.: 14 In 1999, Theta changed its name...
stake of the company, which was then renamed ABSA Cargo Airline and integrated into the LAN Chile Group. ABSA Cargo put its first Boeing 767-300F into service...
The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by Afrikaner...
Iol.co.za. 11 March 2016. Retrieved 3 February 2018. "Life Healthcare Group Holdings Limited: Private Company Information". Bloomberg. Retrieved 3 February...
Global Information
R 80.12 billion (2019)[5]