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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.
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 Bank Tanzania; Absa Bank Uganda Limited; Absa Bank Zambia; Absa Group; F. First Assurance Kenya Limited This page was last edited on 23 May 2024, at 05:17 (UTC). ...
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
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 Bank Ghana is a large financial services company, serving corporate clients, high networth individuals, retail customers and small and medium enterprises.As of 31 December 2020, the bank had assets of GHS:12.546 billion (US$2.075 billion), with shareholders' equity of GHS:1.948 billion (US$322.2 million).
The bank operated in that capacity until 2000, when Barclays Bank Seychelles Limited was incorporated. In 2006, the bank served approximately 35,000 customers, through 5 branches, 7 ATMs and 130 members of staff. In 2013, the bank became a member of Barclays Africa Group, in which Barclays Plc had a 62.3 percent majority shareholding. [6]
Bank name Total assets (2023) (US$ Billion) 1 Standard Bank Group: 169.858 2 National Bank of Egypt: 167.407 3 Banque Misr: 118.316 4 FirstRand: 93,365 5 Absa Bank: 87.134 6 Nedbank: 73.800 7 Attijariwafa Bank: 60.337 8 Banque Populaire: 47.915 9 Bank of Africa: 36.672 10 Access Bank: 33.448 11 Investec: 33.203 12 Banque Nationale d'Algérie ...