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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 ( JSE: ABG [1] ), 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.
Location. The headquarters and main branch of the bank are located at Absa Westend Building, off Waiyaki Way, in Nairobi, Kenya's capital and largest city.. Overview. As of December 2019, the bank is a large financial services institution in Kenya, with an asset base in excess of KSh:374.109 billion (US$3.561 billion), with shareholders' equity of KSh:44.079 billion (US$419.654 million).
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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.
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Google is expanding its plans to offer digital banking services in the U.S. The company announced today it's partnering with half a dozen more banks to offer digital checking and savings accounts ...
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. [4]