51:
1015:
397:
383:
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962:
60:
323:, Amalgamated Banks of South Africa Limited was incorporated in 1986, by "the merger of UBS (United Building Society) Holdings, the Allied and Volkskas Groups, and certain interests of the Sage Group". In 1992 Absa acquired the entire shareholding of the Bankorp Group, which included TrustBank, Senbank and Bankfin. The name of the bank's holding company was changed to
346:
In 2017 Barclays reduced its shareholding in BAG to 14.9 percent. After that, BAG re-branded to Absa Group
Limited in 2018. Under the terms of that re-brand, Absa had until June 2020 to change the names of its subsidiaries in 12 African countries.
342:
In 2016, Barclays Bank Plc, which owned 62.3 percent of
Barclays Africa Group (BAG), the then parent company of Absa Bank Limited (the South African subsidiary), decided to divest its majority shareholding in BAG, worth £3.5 billion at that time.
330:
In 2005 Barclays acquired a 62.3 percent majority stake in ABSA, and
Barclays' existing subsidiary in South Africa and Barclays Capital's business were subsequently operated under the ABSA brand. Twelve other financial subsidiaries in 11
286:
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). Absa Bank Limited is a 100 percent subsidiary of
551:
466:
1216:
1186:
503:
660:
1211:
1141:
2990:
978:
1259:
467:"Absa Group Limited: Summary Provisional Consolidated Financial Results For The Reporting Period Ended 31 December 2018: Assets of Absa Bank Limited"
1000:
278:, South Africa. The geographic coordinates of the bank's headquarters are: 26°12'23.0"S 28°02'57.0"E (Latitude:-26.206389; Longitude:28.049167).
477:
2975:
2911:
2787:
2904:
2367:
605:
299:, with subsidiaries in 12 African countries, whose total assets exceeded US$ 91 billion as at October 2019. The shares of the
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800:
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1008:
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119:
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1146:
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2202:
2047:
1769:
1681:
790:
30:
This article is about the flagship South
African bank. For the eponymous banking conglomerate, see
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1404:
665:
440:
336:
35:
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806:
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274:
The bank's headquarters are located on the 7th Floor of Absa Towers West, 15 Troye Street,
1237:
8:
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88:
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149:
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145:
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1044:
759:
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247:
2882:
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2360:
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2114:
1991:
1494:
1466:
1191:
908:
842:
552:"Location of the Headquarters of Absa Bank Limited, Johannesburg, South Africa"
210:
2959:
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2160:
2026:
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1667:
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1314:
1300:
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292:
185:
138:
2826:
2677:
2634:
1709:
1522:
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928:
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255:
78:
31:
335:
countries were made part of the group. Absa Group changed its name to
2121:
2107:
2012:
1938:
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1362:
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1090:
939:
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946:
886:
691:
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2716:
2497:
2427:
2402:
2054:
1984:
1977:
1839:
1737:
1339:
1206:
1062:
630:
363:, one of the non-executive directors. The managing director and
2735:
2230:
2040:
2019:
1970:
1888:
1716:
1588:
1411:
1355:
174:
2840:
2819:
2769:
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1881:
1445:
1286:
1156:
696:
300:
196:
59:
501:
2833:
2395:
2167:
1267:
504:"South African Registered Banks and Representative Offices"
364:
1142:
661:"Barclays Africa returns to its SA roots with rebrand"
631:
Martin Arnold and
Patrick Jenkins (26 February 2016).
226:
378:
464:
603:
527:
438:
295:financial services conglomerate headquartered in
2957:
580:"Barclays in Mozambique rebranding as Absa Bank"
606:"ABSA Group: Amalgamated Banks of South Africa"
530:"Absa Bank Limited: Head Office, Johannesburg"
1253:
994:
712:
481:(Archived from the original on 16 April 2019)
2991:South African companies established in 1986
608:. London: Barclays Archives. Archived from
577:
502:Reserve Bank of South Africa (March 2020).
319:According to the archives of maintained by
1260:
1246:
1001:
987:
719:
705:
58:
303:of Absa Group Limited, are listed on te
205:1 289 billion (US$ 73.69 billion) (2018)
633:"Barclays set to exit African business"
355:The bank is governed by a seven-person
14:
2958:
2834:South African Broadcasting Corporation
2368:Caxton and CTP Publishers and Printers
1437:
1241:
982:
700:
307:, where they trade under the symbol
1754:
914:Jason Quinn (Group Finance Director)
599:
597:
460:
458:
434:
432:
430:
428:
426:
2813:Development Bank of Southern Africa
1122:Development Bank of Southern Africa
465:Absa Group Limited (8 March 2019).
439:Absa Bank Limited (21 April 2022).
24:
359:. The chairperson of the board is
25:
3002:
685:
653:
624:
594:
571:
544:
532:. Johannesburg: Absa Bank Limited
521:
495:
455:
443:. Johannesburg: Absa Bank Limited
423:
244:Amalgamated Banks of South Africa
70:Amalgamated Banks of South Africa
2900:
2899:
1777:African Alliance Investment Bank
1013:
961:
960:
528:Absa Bank Limited (March 2020).
441:"The Board of Absa Bank Limited"
395:
381:
266:and national banking regulator.
49:
2976:Companies based in Johannesburg
2912:Companies based in Johannesburg
578:Adrian Frey (23 October 2019).
27:Commercial bank in South Africa
726:
13:
1:
2905:Companies based in Ekurhuleni
2799:Airports Company South Africa
1544:Rossair Executive Air Charter
1453:African International Airways
855:Woolworths Financial Services
829:Absa Manx Insurance Company (
416:
411:List of banks in South Africa
350:
735:Subsidiaries and investments
582:. Maputo: Club of Mozambique
508:Reserve Bank of South Africa
260:Reserve Bank of South Africa
116:7th Floor, Absa Towers West
7:
1182:African Banking Corporation
374:
281:
269:
100:; 38 years ago
10:
3007:
2322:Union Carriage & Wagon
2006:iVeri Payment Technologies
1826:Imperial Bank South Africa
1137:Imperial Bank South Africa
1033:South African Reserve Bank
883:United Bank (South Africa)
877:Allied Bank (South Africa)
604:Barclays Archives (2006).
314:
120:Johannesburg, South Africa
29:
2981:Banks established in 1986
2894:
2786:
2747:
2708:
2646:
2535:
2419:
2352:
2217:Isuzu Trucks South Africa
2152:
2092:
1948:
1916:
1630:
1605:
1578:
1324:
1276:
1169:
1099:
1076:
1041:
1023:
956:
921:
895:
868:
816:
741:
734:
254:and the flagship bank of
221:
209:
194:
164:
125:
112:
94:
84:
74:
66:
57:
48:
2442:African Rainbow Minerals
2048:Teraco Data Environments
1770:Access Bank South Africa
258:. It is licensed by the
242:, formerly known as the
2986:Economy of South Africa
2301:South African Breweries
1398:Phoebus Apollo Aviation
911:(Group Chief Executive)
823:Absa Capital Securities
669:. Reuters. 11 July 2018
1861:Stanchart South Africa
836:Barclays Life Botswana
781:Absa Bank South Africa
34:. For Other uses, see
2966:Banks of South Africa
2942:26.20639°S 28.04917°E
2855:South African Airways
2602:Incredible Connection
1565:South African Express
1509:Interair South Africa
1010:Banks of South Africa
869:Historical components
849:First Assurance Kenya
666:Business Daily Africa
337:Barclays Africa Group
2756:Avis Southern Africa
2595:Hyundai South Africa
2574:The Creative Counsel
1717:Riovic Capital Group
1614:DLO Energy Resources
1596:Murray & Roberts
1270:Greater Johannesburg
839:Barclays Life Zambia
776:Absa Bank Seychelles
771:Absa Bank Moçambique
2947:-26.20639; 28.04917
2938: /
1925:Southern Sun Hotels
1812:First National Bank
1703:Lesaka Technologies
1537:Nationwide Airlines
1488:Executive Aerospace
1460:AirQuarius Aviation
1268:Companies based in
1058:First National Bank
887:Volkskas Bank Group
766:Absa Bank Mauritius
638:The Financial Times
403:South Africa portal
333:sub-Saharan African
45:
2971:Absa Group Limited
2777:Surtees Rail Group
2512:Sibanye-Stillwater
2334:Basil Green Motors
2175:African Explosives
2067:Internet Solutions
1847:Rand Merchant Bank
1621:Total South Africa
1516:Interlink Airlines
1502:Imperial Air Cargo
1091:Rand Merchant Bank
786:Absa Bank Tanzania
749:Absa Bank Botswana
742:Banking businesses
474:Absa Group Limited
357:board of directors
325:Absa Group Limited
289:Absa Group Limited
216:Absa Group Limited
89:Financial services
43:
2921:
2920:
2806:Denel Aeronautics
2724:SA Waste Holdings
2449:AngloGold Ashanti
2287:SkyReach Aircraft
2196:Clover Industries
2141:Mandela and Tambo
1932:Sun International
1912:
1911:
1574:
1573:
1235:
1234:
976:
975:
864:
863:
826:Absa Life Limited
817:Other investments
321:Barclays Bank Plc
240:Absa Bank Limited
237:
236:
150:managing director
118:15 Troye Street,
44:Absa Bank Limited
18:Absa Bank Limited
16:(Redirected from
2998:
2953:
2952:
2950:
2949:
2948:
2943:
2939:
2936:
2935:
2934:
2931:
2914:
2907:
2903:
2902:
2885:
2878:
2871:
2864:
2857:
2850:
2843:
2836:
2829:
2822:
2815:
2808:
2801:
2779:
2772:
2765:
2758:
2738:
2731:
2726:
2719:
2701:
2694:
2687:
2680:
2673:
2666:
2659:
2637:
2630:
2623:
2618:
2611:
2604:
2597:
2590:
2583:
2576:
2569:
2562:
2555:
2548:
2526:
2519:
2514:
2507:
2505:Northam Platinum
2500:
2493:
2486:
2479:
2472:
2465:
2458:
2451:
2444:
2437:
2430:
2412:
2405:
2398:
2391:
2384:
2382:Nu Metro Cinemas
2377:
2370:
2363:
2343:
2336:
2329:
2324:
2317:
2310:
2303:
2296:
2289:
2282:
2275:
2268:
2261:
2254:
2247:
2240:
2233:
2226:
2224:Land Systems OMC
2219:
2212:
2205:
2198:
2191:
2184:
2177:
2170:
2163:
2143:
2136:
2129:
2124:
2117:
2110:
2103:
2101:Bowman Gilfillan
2083:
2076:
2069:
2062:
2057:
2050:
2043:
2036:
2029:
2022:
2015:
2008:
2001:
1994:
1987:
1980:
1973:
1966:
1959:
1941:
1934:
1927:
1903:
1896:
1891:
1884:
1877:
1870:
1863:
1856:
1849:
1842:
1835:
1828:
1821:
1814:
1807:
1800:
1793:
1786:
1779:
1772:
1765:
1752:
1751:
1747:
1740:
1733:
1726:
1719:
1712:
1705:
1698:
1691:
1689:Livestock Wealth
1684:
1682:Liberty Holdings
1677:
1670:
1663:
1656:
1649:
1642:
1623:
1616:
1598:
1591:
1567:
1560:
1553:
1546:
1539:
1532:
1525:
1518:
1511:
1504:
1497:
1490:
1483:
1476:
1469:
1462:
1455:
1448:
1435:
1434:
1430:
1428:Solenta Aviation
1421:
1414:
1407:
1400:
1393:
1386:
1384:National Airways
1379:
1372:
1365:
1358:
1349:
1342:
1335:
1317:
1310:
1308:Chancellor House
1303:
1296:
1289:
1262:
1255:
1248:
1239:
1238:
1078:Investment banks
1045:commercial banks
1018:
1017:
1003:
996:
989:
980:
979:
964:
963:
905:(Group Chairman)
903:Wendy Lucas-Bull
871:and acquisitions
796:Absa Bank Zambia
791:Absa Bank Uganda
739:
738:
721:
714:
707:
698:
697:
692:Official Website
679:
678:
676:
674:
657:
651:
650:
648:
646:
628:
622:
621:
619:
617:
612:on 28 March 2020
601:
592:
591:
589:
587:
575:
569:
568:
566:
564:
548:
542:
541:
539:
537:
525:
519:
518:
516:
514:
499:
493:
492:
490:
488:
483:on 16 April 2019
482:
476:. Archived from
472:. Johannesburg:
471:
462:
453:
452:
450:
448:
436:
405:
400:
399:
398:
391:
386:
385:
384:
369:Arrie Rautenbach
233:
230:
228:
199:
157:
146:Arrie Rautenbach
108:
106:
101:
62:
53:
46:
42:
21:
3006:
3005:
3001:
3000:
2999:
2997:
2996:
2995:
2956:
2955:
2946:
2944:
2940:
2937:
2932:
2929:
2927:
2925:
2924:
2922:
2917:
2910:
2898:
2890:
2881:
2876:
2869:Freightdynamics
2867:
2860:
2853:
2846:
2839:
2832:
2825:
2818:
2811:
2804:
2797:
2789:
2782:
2775:
2768:
2761:
2754:
2743:
2734:
2729:
2722:
2715:
2704:
2697:
2690:
2683:
2676:
2671:Mugg & Bean
2669:
2664:Debonairs Pizza
2662:
2655:
2648:
2642:
2633:
2626:
2621:
2614:
2607:
2600:
2593:
2588:Exclusive Books
2586:
2579:
2572:
2565:
2558:
2551:
2544:
2537:
2531:
2524:Simmer and Jack
2522:
2517:
2510:
2503:
2496:
2489:
2484:Impala Platinum
2482:
2475:
2468:
2461:
2454:
2447:
2440:
2433:
2426:
2415:
2408:
2401:
2394:
2387:
2380:
2373:
2366:
2359:
2348:
2341:New PowerChutes
2339:
2332:
2327:
2320:
2315:Truvelo Armoury
2313:
2306:
2299:
2292:
2285:
2278:
2271:
2266:Rembrandt Group
2264:
2257:
2250:
2243:
2238:Paramount Group
2236:
2229:
2222:
2215:
2208:
2201:
2194:
2187:
2180:
2173:
2166:
2159:
2148:
2139:
2132:
2127:
2120:
2113:
2106:
2099:
2088:
2081:Vision Software
2079:
2072:
2065:
2060:
2053:
2046:
2039:
2032:
2025:
2018:
2011:
2004:
1997:
1990:
1983:
1976:
1969:
1962:
1955:
1944:
1937:
1930:
1923:
1908:
1901:VBS Mutual Bank
1899:
1894:
1887:
1880:
1873:
1866:
1859:
1852:
1845:
1838:
1833:Mercantile Bank
1831:
1824:
1817:
1810:
1803:
1796:
1789:
1782:
1775:
1768:
1761:
1750:
1743:
1736:
1729:
1722:
1715:
1708:
1701:
1696:MiWay Insurance
1694:
1687:
1680:
1673:
1666:
1661:Evolution Group
1659:
1652:
1645:
1638:
1632:
1626:
1619:
1612:
1601:
1594:
1587:
1581:and engineering
1580:
1570:
1563:
1556:
1549:
1542:
1535:
1528:
1521:
1514:
1507:
1500:
1493:
1486:
1481:Command Airways
1479:
1472:
1465:
1458:
1451:
1444:
1433:
1426:
1417:
1410:
1403:
1396:
1389:
1382:
1377:Global Aviation
1375:
1368:
1361:
1354:
1345:
1338:
1331:
1320:
1313:
1306:
1299:
1292:
1285:
1278:
1272:
1266:
1236:
1231:
1222:VBS Mutual Bank
1165:
1095:
1072:
1043:
1037:
1019:
1012:
1007:
977:
972:
952:
945:Absa Building (
917:
891:
870:
860:
812:
760:Absa Bank Kenya
755:Absa Bank Ghana
730:
725:
688:
683:
682:
672:
670:
659:
658:
654:
644:
642:
629:
625:
615:
613:
602:
595:
585:
583:
576:
572:
562:
560:
550:
549:
545:
535:
533:
526:
522:
512:
510:
500:
496:
486:
484:
480:
469:
463:
456:
446:
444:
437:
424:
419:
401:
396:
394:
387:
382:
380:
377:
353:
317:
284:
272:
248:commercial bank
225:
195:
190:
160:
144:
128:
117:
104:
102:
99:
39:
28:
23:
22:
15:
12:
11:
5:
3004:
2994:
2993:
2988:
2983:
2978:
2973:
2968:
2919:
2918:
2916:
2915:
2908:
2895:
2892:
2891:
2889:
2888:
2887:
2886:
2874:
2873:
2872:
2858:
2851:
2844:
2837:
2830:
2823:
2816:
2809:
2802:
2794:
2792:
2784:
2783:
2781:
2780:
2773:
2766:
2759:
2751:
2749:
2745:
2744:
2742:
2741:
2740:
2739:
2727:
2720:
2712:
2710:
2706:
2705:
2703:
2702:
2695:
2688:
2681:
2674:
2667:
2660:
2657:Chicken Licken
2652:
2650:
2644:
2643:
2641:
2640:
2639:
2638:
2631:
2619:
2612:
2605:
2598:
2591:
2584:
2577:
2570:
2563:
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686:External links
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41:
37:
33:
19:
2923:
2477:Harmony Gold
2410:Ster-Kinekor
2308:Tiger Brands
2252:Premier FMCG
2134:Deneys Reitz
1999:EOH Holdings
1798:Bidvest Bank
1784:African Bank
1731:RMI Holdings
1724:RMB Holdings
1579:Construction
1117:Capitec Bank
1112:Bidvest Bank
1107:African Bank
1025:Central bank
965:
933:Johannesburg
807:African Bank
801:NBC Tanzania
671:. Retrieved
664:
655:
643:. Retrieved
636:
626:
614:. Retrieved
610:the original
584:. Retrieved
573:
561:. Retrieved
555:
546:
534:. Retrieved
523:
511:. Retrieved
506:. Pretoria:
497:
485:. Retrieved
478:the original
445:. Retrieved
389:Banks portal
361:Sello Moloko
354:
345:
341:
329:
318:
308:
297:South Africa
285:
276:Johannesburg
273:
264:central bank
252:South Africa
243:
239:
238:
197:Total assets
135:Sello Moloko
113:Headquarters
75:Company type
40:
2945: /
2790:enterprises
2788:State-owned
2470:Gold Fields
2375:MultiChoice
2074:Luma Arcade
1917:Hospitality
1854:Sasfin Bank
1745:Venmyn Rand
1370:Federal Air
1277:Diversified
1217:United Bank
1187:Allied Bank
1152:Sasfin Bank
831:Isle of Man
673:11 February
557:Google Maps
305:JSE Limited
293:Pan African
186:Debit cards
182:Investments
139:chairperson
2960:Categories
2933:28°02′57″E
2930:26°12′23″S
2827:Rand Water
2649:franchises
2647:Restaurant
2635:OK Bazaars
2546:AutoTrader
2536:Retail and
1710:Old Mutual
1647:Alexforbes
1640:Absa Group
1523:kulula.com
1294:Barloworld
929:Absa Tower
896:Management
728:Absa Group
417:References
351:Governance
256:Absa Group
127:Key people
79:Subsidiary
32:Absa Group
2748:Transport
2616:Wantitall
2538:marketing
2122:Werksmans
2108:ENSafrica
1939:Tsogo Sun
1791:Bank Zero
1763:Absa Bank
1654:Discovery
1631:Financial
1551:Rovos Air
1419:FlySafair
1391:Norse Air
1363:Egoli Air
1212:Trustbank
1127:FirstRand
940:Cape Town
845:(23.125%)
327:in 1997.
2862:Transnet
2709:Services
2609:Massmart
2581:Dis-Chem
2553:Bidorbuy
2389:Primedia
1957:Afrihost
1875:TymeBank
1675:Investec
1333:Aerolift
1325:Airlines
1227:Volkskas
1177:20Twenty
1147:Postbank
1086:Investec
1042:Big four
967:Category
947:Pretoria
645:28 March
641:. London
616:28 March
586:28 March
536:28 March
513:28 March
487:28 March
447:21 April
375:See also
282:Overview
270:Location
175:Checking
165:Products
85:Industry
67:Formerly
2877:Defunct
2848:Sentech
2763:Comazar
2730:Defunct
2717:Netcare
2678:Nando's
2622:Defunct
2518:Defunct
2498:Metorex
2456:DRDGOLD
2428:Alexkor
2403:StarSat
2328:Defunct
2128:Defunct
2061:Defunct
2055:Vodacom
1985:Datatec
1978:Cybatar
1895:Defunct
1840:Nedbank
1738:STANLIB
1558:Skywise
1438:Defunct
1340:Airlink
1301:Bidvest
1207:Saambou
1170:Defunct
1063:Nedbank
851:(63.3%)
762:(68.5%)
751:(67.8%)
554:(Map).
315:History
246:, is a
222:Website
179:Savings
103: (
95:Founded
2736:Bosasa
2692:Steers
2420:Mining
2231:Nampak
2189:Bakers
2041:Sybrin
2020:Neotel
1971:Cell C
1889:Wizzit
1606:Energy
1589:Concor
1474:Comair
1412:Safair
1356:CemAir
563:15 May
291:, the
262:, the
211:Parent
2841:Sasol
2820:Eskom
2770:PUTCO
2699:Wimpy
2628:Edcon
2560:Cadac
2353:Media
2280:Simba
2273:Sappi
2093:Legal
1882:Ubank
1755:Banks
1530:Mango
1446:1time
1347:Cargo
1287:Aveng
1157:Ubank
1100:Other
922:Other
857:(50%)
803:(55%)
470:(PDF)
301:stock
171:Loans
2883:Lema
2463:ERPM
2396:SABC
2168:AECI
2034:Rain
1805:DBSA
1467:Avia
1053:Absa
809:(5%)
675:2020
647:2020
618:2020
588:2020
565:2020
538:2020
515:2020
489:2020
449:2022
227:absa
152:and
105:1986
98:1986
36:ABSA
2567:CNA
2491:JCI
2245:PPC
2210:IWC
2203:FEW
2013:MTN
1964:BCX
1949:ICT
1405:SAA
1197:NBS
367:is
365:CEO
309:AGL
250:in
231:.za
229:.co
154:CEO
2962::
663:.
635:.
596:^
457:^
425:^
371:.
339:.
311:.
1261:e
1254:t
1247:v
1002:e
995:t
988:v
949:)
942:)
935:)
931:(
833:)
720:e
713:t
706:v
677:.
649:.
620:.
590:.
567:.
540:.
517:.
491:.
451:.
203:R
156:)
148:(
141:)
137:(
107:)
38:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
