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Absa Group Limited
Absa Group Limited
Sector: Financial Services
Industry: Banks—Regional
Symbol: ABG.JO
Employees: 36737
Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. It offers personal and business banking, corporate and investment banking, wealth and investment management, and insurance services. The company offers retail and business banking products and services to individual, enterprise, and commercial customers, including residential property-related finance solutions; vehicle and asset finance products and services; credit cards; personal loans; short-term insurance products; and transactional banking, savings, and investment products and services. It also provides commercial property finance, term loans, and overdraft services; notice, fixed, cheque account, savings and transmission, foreign currency, and call deposits; and electronic banking services. In addition, the company offers investment banking services; private equity and infrastructure investments; corporate banking products and services; and wealth management services. Further, it provides life insurance products covering death, disability and retrenchment, funeral, and life investment products; investments, such as asset management, multi-management, unit trusts, and linked investment products; treasury services; and fiduciary and financial advisory services. Additionally, the company offers market services; trade and working capital solutions; and cash management, payment, and liquidity products and solutions. The company was formerly known as Barclays Africa Group Limited and changed its name to Absa Group Limited in May 2018. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa.
CompanyAbsa Group Limited
SectorFinancial Services
AddressAbsa Towers West, Johannesburg, South Africa
CountrySouth Africa
Phone27 11 350 4000

ABSA Group Limited Nature of Business

Absa Group Limited, listed on the JSE, is one of Africa’s largest diversified financial services groups.

ABSA Financial Year End

ABSA Group’s financial year end is 31 December 2021

ABSA Group Board of Directors

  • Tasneem Abdool-Samad
  • Alex Darko
  • Rose Keanly
  • Wendy Lucas-Bull
  • Mark Merson
  • Nonhlanhla Sylvia Mjoli-Mncube
  • Punki Modise
  • Swithin Munyantwali
  • Dhanasagree (Daisy) Naidoo
  • Francis Okomo-Okello
  • Sipho Pityana
  • Jason Quinn
  • Ihron Rensburg
  • Fulvio Tonelli
  • Rene van Wyk

ABSA Group Major Shareholders

  1. Barclays Bank PLC (UK)
  2. Public Investment Corporation (SA)

Major Brands

  1. ABSA

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