Absa Group Limited

Overview

Absa Group Limited is listed on the Johannesburg Stock Exchange and is the parent company of one of Africa’s largest diversified financial services groups. Absa Group, through its worldwide affiliates and subsidiaries, delivers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management, and insurance. Absa Group Limited with a presence in 15 countries and around 35,000 employees. The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa (Absa Bank Limited), Tanzania (Absa Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia, Nigeria, London, and New York, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania, and Zambia. Absa Group Limited serves customers through an extensive branch and self-service terminal network, digital channels, financial advisers, relationship bankers and dealerships, originators, alliances, and joint ventures.

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Quick Facts

Company Name Absa Group Limited
Industry Financial Services
HQ Address Johannesburg, South Africa
Revenue R98.9 billion
Employee Size 35451
Company Type Public
Fiscal Year-End December 31st
Website www.absa.africa
Subsidiaries Absa Bank of Ghana Limited, Absa Bank of Kenya Limited, Absa Bank Mocambique S.A. (BBM), Absa Bank of Botswana Limited, Absa Bank (Mauritius) Limited, Absa Bank (Seychelles) Limited and More
Locations 15 Countries
Competitors First National Bank, Capitec Bank, and Nedbank.
Recognition & Awards Absa Group won the Best Digital Bank - South Africa award at the Middle East & Africa Retail Banking Innovation Awards 2022, Absa App is rated the best banking application, Absa’s digital excellence receives international recognition.

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