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Absa Bank Limited is one of the largest commercial banks in South Africa. As of 31 December 2018, the bank's total assets were ZAR:1,289,000,000,000 (US$73,691,500,000). [2] Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 ...
Absa Group Limited, 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.
ABSA may refer to: . ABSA Cargo Airline, a cargo airline; Absa Group Limited, a pan-African financial services conglomerate that includes: . Absa Bank Limited, one of the largest banks in South Africa, a subsidiary of Absa Group Limited
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania , the country's central bank and national banking regulator.
The bank operated in that capacity until 2000, when Barclays Bank Seychelles Limited was incorporated. In 2006, the bank served approximately 35,000 customers, through 5 branches, 7 ATMs and 130 members of staff. In 2013, the bank became a member of Barclays Africa Group, in which Barclays Plc had a 62.3 percent majority shareholding. [6]
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. [3] It is licensed by the Central Bank of Kenya , the central bank and national banking regulator.
He concurrently serves as the chairman and non-executive director of Absa Bank Limited, the South African subsidiary and the largest of the subsidiary banks of the Absa Group. He began his tenure at Absa on 1 April 2022. [2] [3] He is also the chairman of Telkom, the South African telecommunications conglomerate, since March 2019. [4]
The bank is a large retail bank that serves the banking needs of individuals, small and medium-sized businesses (SMEs), and large corporations. It is a member of the South African banking conglomerate, Absa Group Limited, whose stock is traded on the Johannesburg Stock Exchange and whose total assets exceeded US$91 billion, as of October 2019.