About us - Absa Group | Welcome to Absa Group Limited (2024)

FAQs

About us - Absa Group | Welcome to Absa Group Limited? ›

We are a diversified African financial services provider offering products and services across retail, business, corporate, investment and wealth banking as well as investment management and insurance.

We are a diversified African financial services provider offering products and services across retail, business, corporate, investment and wealth banking as well as investment management and insurance.

Making inter-generational wealth creation accessible to all: Equitable access for underbanked communities – both individuals and SMEs, and with a particular focus on youth and women. Ability to meet the full set of financial needs across transactional banking, credit, insurance, and wealth accumulation.

Our strategy aims to generate sustainable growth with returns in line with or better than the market. It accelerates growth, primacy and digitisation without materially altering the Group's risk appetite. It also further elevates sustainability as a priority.

VISION To be a customer-focused financial services group in targeted market segments. PURPOSE To be partners in growing South Africa's prosperity. MISSION ... by being the leading financial services group serving all our stakeholders. VALUES • Value our people and treat them with fairness.

Your career at Absa is guaranteed to be an exciting and innovative journey - driven by dedication to our staff, our culture and our vision of creating cutting-edge financial services.

Absa Bank Limited (ABL), formerly known as Amalgamated Banks of South Africa, is a commercial bank in South Africa. It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator.

A commitment to finding innovative local solutions to uniquely local challenges has fueled the rapid growth of Absa. While a major player in the African banking industry, Absa has international offices in London and New York City and employs more than 38,000 staff working in 14 different countries.

Our Values

We learn from our failures and we are bold enough to change. We take ownership of delivering the “One Absa” for our customers. We trust, value and grow our people to achieve their full potential. We actively engage our communities to bring people's possibilities to life.

Absa Group Ltd: Overview

Its portfolio of banking products includes current and savings accounts, debit and credit cards, home and personal loans, vehicle and asset finance, and transactional and deposit products. It provides trade solutions, working capital solutions and infrastructure and equity investments.

Is Absa the best company to work for? ›

We are a Top Employer Africa as certified by the Top Employer Institute. This means: Our people practices, programmes and initiatives match rigorous global benchmarks. In fact, our digital HR, learning, career development, ethics and integrity exceed these benchmarks.

Three-word slogans: just one of the many areas in which South African banks are battling for dominance. Barclays' Absa ("Today, tomorrow, together"), Nedbank, ("Making things happen"), Standard Bank ("Inspired.

Its Trade Hub acts as a conduit between local and international banks, and as a single point of contact on all transactions and on all cash flowing into and out of Africa. Key to this is the South African lender's sprawling network of subsidiaries, regional partner banks and multilateral agency programmes.

In 1997 the name of the holding company, Amalgamated Banks of South Africa Limited was changed to Absa Group Limited, consisting of three main operating divisions. In 1998 the United, Volkskas, Allied and TrustBank brands were consolidated into a single brand, and Absa adopted a new corporate identity.

ABSA - Amalgamated Banks of South Africa | AcronymFinder.

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