South Africa
· Delayed Price · Currency is ZAR · Price in ZAc 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.
| Country | South Africa |
| Founded | 1986 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 36,779 |
| CEO | Andile Kenneth Fihla |
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 |
| 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 |
| Akash Singh | Group Chief Compliance Officer |