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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 African countries, whose total assets exceeded US$91 billion as at October ...
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.
In 2018, BAG re-branded to Absa Group Limited.Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries. [ 12 ] In Tanzania, the re-brand concluded on 11 February 2020, when both the bank's legal and business names became Absa Bank Tanzania Limited.
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
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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]
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.
The bank is a large financial institution in Zambia. The institution serves the banking needs of large corporations, small and medium sized enterprises , individuals and government departments. As of 31 December 2020, the bank's total assets were valued at ZMW:18.558 billion (US$732.86 million), with shareholders' equity of ZMW:1,210,490,000 ...