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Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 African countries, whose total assets exceeded US$91 billion as at October 2019.
In 2004 a disgruntled Absa client released five [16] puff adders into the bank's head office in Johannesburg following a six-year dispute with the bank over the repossession of his car. [17] One person was injured in the incident when their finger was bitten and the client was later convicted under the offense of aggravated assault. [18]
In 2018, BAG re-branded to Absa Group Limited.Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries. [12] In Tanzania, the re-brand concluded on 11 February 2020, when both the bank's legal and business names became Absa Bank Tanzania Limited. [13]
Absa Bank Ghana is a large financial services company, serving corporate clients, high networth individuals, retail customers and small and medium enterprises.As of 31 December 2020, the bank had assets of GHS:12.546 billion (US$2.075 billion), with shareholders' equity of GHS:1.948 billion (US$322.2 million).
At the time he became CEO of Absa Group, Rautenbach had over 25 years of banking experience. He joined Absa Group in the late 1990s, starting out at Bankfin. He has served in various roles, including as managing executive of distribution, managing executive of Absa Card Division and as chief executive of Retail and Business Banking. [1] [2] [3]
Saviour Chibiya, is a Zambian economist and corporate executive, who is the group executive for regional operations at Absa Group Limited, effective November 2021. In this position, he is a member of the group executive committee. He reports directly to the group CEO of Absa Group. He is based at the group headquarters, in Johannesburg, South ...
The Amalgamated Banks of South Africa Tower (simply Absa Tower or ABSA Tower) is an office skyscraper in the Central Business District of Johannesburg, South Africa. It is 31 storeys tall. It is also the headquarters of Absa Group Limited .
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.