Absa Group Company Profile

Aggregated data from the web about Absa Group

Company Name	Absa Group
Website	https://absaco.com
Snippet	ABSA Group was incorporated as a private limited company in 1985, established by an enterprising Saudi Marine Captain, Ibrahim Barrak Al Omani, educated in United Kingdom and served as senior Ranking Officer on board reputed international shipping lines. At Absa Group we take the time to know our customers and understand their unique requirements.
Type	Public
Founded	1991
Revenue	R80.12 billion (2019)[4]
Website	www.absa.africa/absaafrica/
Formerly	Barclays Africa Group LimitedAmalgamated Banks of South Africa (ABSA)
Industry	Banking, Financial services, Investment services, Insurance services
Products	Commercial banking, Financial services, Retail banking, Credit cards, Private equity, Investment management, Investment banking
Traded as	JSE: ABG[1]
Key people	Wendy Lucas-Bull(Group Chairman)Daniel Mminele[3](CEO)
Net income	R14.53 billion (2019)[4]
Area served	Botswana Ghana Kenya Mauritius Mozambique Namibia Nigeria Seychelles South Africa Tanzania Uganda Zambia
Headquarters	Johannesburg, South Africa[2]
Subsidiaries	Absa Bank Limited (100%)Absa Financial Services Limited (100%)Absa Bank Botswana Limited (67.8%)Absa Bank Ghana Limited (100%)Absa Bank Kenya Plc (68.5%)Absa Bank Mauritius Limited (100%)Absa Bank Mozambique (98.1%)[5]Absa Bank Seychelles Limited (99.8%)Absa Bank Uganda Limited (100%)Absa Bank Zambia Plc (100%)National Bank of Commerce Limited (55%)Absa Bank Tanzania Limited (100%)
Total assets	R1.399 trillion (2019)[4]
Total equity	R128.7 billion (2019)[4]
Operating income	R21.75 billion (2019)[4]
Number of employees	40,000+ (permanent) (2020)

Absa Group is part of the South Africa company list

Absa Group is part of the Banks company list

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