Latest Absa Group News & Updates

See the latest news and media coverage for Absa. We track all announcements, press releases, and industry mentions in real time, all in one place.

Absa Group (Absa)

South African banking and financial services group

absa.co.za

Headquarters: Johannesburg, South Africa
Founded year: 2018
Company type: Public company
Number of employees: 40,000+

Last updated Today

Latest news about Absa Group (Absa)

In short: Absa strengthened its leadership team through high-profile executive hires from rivals while expanding its digital and pan-African presence.

Company announcements

Today Absa

Absa hosts property market stakeholder event

The event gathered leaders across the property value chain to discuss market trends, affordability, and fraud.

June 5 Absa

Absa reports record homeowner confidence at 88%

The Q1 2026 Homeowner Sentiment Index shows highest levels since 2015, with all subindices improving.

May 27 Absa

Absa announces new Business Banking Chief Executive

Leon Barnard will lead Business Banking across Pan Africa, effective 1 June 2026, to drive growth and deepen customer relationships.

March 10 Absa

Absa grew headline earnings by 12% to R24.8bn

Revenue rose 5%, impairments fell 6%, and credit loss ratio improved to 88 bps.

Media coverage

June 6 MSN

Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank

Absa is facing one of the most significant shareholder rebellions seen in South Africa's banking industry in recent years after investors pushed back against a...

June 3 Bloomberg

Absa's Investors Oppose Plan to Boost Executive Pay

Absa Group Ltd. faced opposition from some of its largest shareholders over a proposal to boost executive pay at the South African lender's annual general...

June 1 Yahoo Finance

Absa gets approval to buy Standard Chartered Uganda assets

Absa Bank Uganda has secured approval from the Bank of Uganda to take over the wealth and retail...

May 30 Business Daily

Absa profit falls 13pc to Sh5.3bn in first quarter

Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya's net income declined 26.3 percent in the same period...

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