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Absa Group. 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 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 ...
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.
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]
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). [6]
Absa Bank Tanzania 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. [3]
Today’s highest savings rates are at FDIC-insured digital banks and accounts offering yields of up to 5.55% APY with a minimum $500 opening deposit at My Banking Direct and Western Alliance and ...
Spot Money. Spot Money SA (Pty) Ltd. is a South African mobile banking platform. The company launched as Virgin Money South Africa in 2006, as a partnership between Virgin Group (owners of the Virgin Money brand) and Absa, as an issuer of credit cards. [1] The 50-50 joint venture was worth R240 million at the time of launch. [2]
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