FNB, Absa To Testify At State Capture Inquiry

Representatives of Absa and FNB will testify before the Commission of Inquiry. PICTURE: SABC

JOHANNESBURG: Representatives of Absa and FNB will testify before the Commission of Inquiry into State Capture when it resumes in Parktown, Johannesburg on Tuesday morning. On Monday Standard Bank general counsel Ian Sinton told the commission that […]

Absa Launches UK Branch After Rebranding

CEO Maria Ramos during the Absa rebranding launch held at the Johannesburg Stock Exchange on July 11, 2018 in Sandton, South Africa. Barclays Africa changed its name back to Absa, in a rebranding aimed at underlining its South African roots as Britain’s Barclays gradually retreats from Africa, ending a 100-year history. (PICTURE Gallo Images / Sunday Times / Alon Skuy)

LONDON: Absa, which recently rebranded following its separation from Barclays, has announced the launch of its UK office. The bank and financial services group described the move as part of a growth strategy as “investors […]

Absa H1 Profit Down 4%

CEO Maria Ramos during the Absa rebranding launch held at the Johannesburg Stock Exchange on July 11, 2018 in Sandton, South Africa. Barclays Africa changed its name back to Absa, in a rebranding aimed at underlining its South African roots as Britain’s Barclays gradually retreats from Africa, ending a 100-year history. (PICTURE Gallo Images / Sunday Times / Alon Skuy)

JOHANNESBURG: South African lender Absa Group reported a 4% fall in half-year profit on Monday, weighed down by costs related to its separation from former parent Barclays. Headline earnings per share (EPS) came in at 877.8 cents […]