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Absa Bank

Absa Bank is a major South African financial services group offering retail, business, corporate and investment banking, wealth management and insurance products. The bank is headquartered in Johannesburg and operates across the African continent, with a presence in more than ten countries including Kenya, Tanzania, Uganda, Zambia, Botswana, Ghana, Mauritius, Mozambique and Seychelles. Absa is listed on the JSE Securities Exchange and is one of South Africa's largest banks by assets, competing directly with Standard Bank, FirstRand, Nedbank and Investec. The group serves millions of customers through an extensive branch network, digital banking platforms and automated teller machines. Absa's operations span personal and business banking, credit cards, home loans, vehicle finance, transactional banking, foreign exchange and investment services. The bank is subject to credit ratings from international agencies including Moody's Ratings and Fitch, which assess its financial strength and creditworthiness. Absa was formerly part of Barclays Africa Group, but rebranded to Absa following Barclays' exit from its majority stake in 2017 and 2018. The institution traces its roots to several predecessor banks, including the Amalgamated Banks of South Africa, which was established in 1991 through the merger of several regional banks, and earlier entities dating back to the nineteenth century.

Absa Bank Updates

West Wits Mining chairperson Michael Quinert.

Joburg’s gold revival outlook strengthened still further as resource estimate surges 

By: Martin Creamer     2nd February 2026 The latest compliant mineral resource estimate of the Witwatersrand Basin project of Sydney-listed West Wits Mining is up 2.2-million ounces, which... 

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