Strong growth outside South Africa lifted earnings as the lender expands across Africa and declares a record annual dividend.
Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual ...
Absa Group Ltd.’s profit rose to a record as business outside the lender’s home market of South Africa surged.
By Nqobile Dludla JOHANNESBURG, March 10 (Reuters) - South African lender Absa Group posted a 12.25% rise in full-year headline earnings on Tuesday, as credit impairments declined and the Corporate ...
Headline Earnings: Increased by 12% to almost 25 billion. Revenue Growth: 5% increase to 116 billion. Return on Equity (ROE): Improved to 15%. Dividend Per Share: Increased by 12%. Net Asset Value Per ...
Absa is the first lender to release full year financials in a period when banks are expected to report higher dividend payout ...
Absa Group posted a 12.25% rise in full-year headline earnings on Tuesday, 10 March 2026 as credit impairments declined and the Corporate and Investment Banking (CIB) and Africa regions units reported ...
Iran war in the Middle East will likely cause the South African Reserve Bank to think twice about rate cuts this year.
By leveragig Thunes' trusted Direct Global Network and Absa's scale across key African markets, the solution offers lower fees, clear pricing, competitive FX rates, and greater value, ensuring that ...