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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.
In 2000, the South African banking group, Absa Group Limited, acquired a majority stake in NBC (1997) Limited. The Government of Tanzania retained a 30% shareholding and the International Finance Corporation (IFC), a member of the World Bank Group took up 15% shareholding in the bank. The new entity became known as National Bank of Commerce ...
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 ...
Saviour Chibiya, is a Zambian economist and corporate executive, who is the group executive for regional operations at Absa Group Limited, effective November 2021. In this position, he is a member of the group executive committee. He reports directly to the group CEO of Absa Group. He is based at the group headquarters, in Johannesburg, South ...
Arrie Rautenbach. Arnold Rautenbach (born 27 March 1965) is the chief executive officer (CEO), of Absa Group Limited, a financial services conglomerate, with headquarters in Johannesburg, South Africa, and subsidiaries in eleven sub-Saharan countries. Prior to his current assignment, Rautenbach was the head of the bank group's retail and ...
Absa Bank Seychelles Limited is a 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$87 billion as at 30 June 2017. History. The bank opened in the country 1959, as a branch of Barclays of the United Kingdom ...