Absa Group
South African banking conglomerate / From Wikipedia, the free encyclopedia
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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. It offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management and bank assurances.[6]
Formerly |
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Company type | Public |
JSE: ABG[1] | |
Industry | |
Founded | 1986; 38 years ago (1986)[2] |
Headquarters | Johannesburg, South Africa[3] |
Area served | |
Key people |
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Products | |
Revenue | R 80.12 billion (2019)[5] |
R21.75 billion (2019)[5] | |
R14.53 billion (2019)[5] | |
Total assets | R1.399 trillion (2019)[5] |
Total equity | R128.7 billion (2019)[5] |
Number of employees | 35,000+ (2022) |
Subsidiaries | List of subsidiaries |
Website | www |
Operating in 10 Sub-Saharan African countries including in-house South Africa such as Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda and Zambia,[6] the conglomerate maintains representative offices in Namibia and Nigeria[6] and internationals offices in London[7] and New York City,[8] as well as a technology support office in the Czech Republic.[9]