Absa Group Limited (JSE:ABG)
South Africa flag South Africa · Delayed Price · Currency is ZAR · Price in ZAc
17,673
-205 (-1.15%)
Mar 31, 2025, 3:37 PM SAST

Absa Group Company Description

Absa Group Limited, together with its subsidiaries, provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship, and transactional banking services; mobile payments; and savings and investment products and services.

It also provides insurance and financial advisory, stockbroking and portfolio management, and trust administrative services, as well as operates a digital advice platform and a direct sales service center.

In addition, the company offers trade and working capital, cash management, payment, and liquidity products and solutions; and investment banking, private equity and infrastructure investment, and commercial property financing services.

Further, it provides broker-dealer trading in debt and equity securities; and solicitation, syndication, selling, and arranging of equity and debt products, as well as financial, leasing, and management services.

The company was formerly known as Barclays Africa Group Limited and changed its name to Absa Group Limited in May 2018.

Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa.

Absa Group Limited
Absa Group logo
Country South Africa
Founded 1986
Industry Banks - Regional
Sector Financials
Employees 36,779
CEO Charles Russon

Contact Details

Address:
Absa Towers West
Johannesburg, 2001
South Africa
Phone 27 11 350 4000
Website absa.africa

Stock Details

Ticker Symbol ABG
Exchange Johannesburg Stock Exchange
Fiscal Year January - December
Reporting Currency ZAR
ISIN Number ZAE000255915
SIC Code 6020

Key Executives

Name Position
Charles Russon Interim Chief Executive Officer and Executive Director
Deon Raju C.F.A. Group Financial Director and Executive Director
Yasmin Masithela Interim Chief Executive of Corporate and Investment Bank
Arrie Rautenbach Executive Officer
Dr. Faisal S. Mkhize Chief Executive of Relationship Banking
Geoffrey S. Lee Chief Executive of Product Solutions Cluster
Saviour Mwepu Chibiya Chief Executive of Absa Regional Operations
Christine Wu Chief Executive of Everyday Banking
Johnson Idesoh Group Chief Information and Technology Officer
Alan M. Hartdegen Head of Investor Relations