The report looks at South Africa’s five ‘legacy’ banks, which target entry, mid, and top-level banking clients: Capitec, Absa, Nedbank, Standard Bank, and FNB. It also includes an online ...

Absa is currently one of South Africa’s ‘Big Four’ banks, alongside Standard Bank, FNB and Nedbank, and has a market cap of R170 billion. Its roots date back to the 1990s, when four banks ...

Kenny Fihla transitions from Standard Bank to lead Absa as CEO, promising to drive impactful strategies across Africa. His extensive banking experience positions him to enhance Absa's growth and ...

Fihla’s abrupt departure from Standard Bank comes as a surprise, particularly given his recent appointment as deputy group ...

A former Absa iDirect CEO, 54, has been taken into custody for the 2021 murder of his wife, initially believed to be a suicide. Investigators determined the victim was strangled, and the crime scene ...

PepsiCo Inc.’s South African development fund and local lender Absa Group Ltd. are backing a mobile marketplace for farmers that enables them to sell their products as well as source logistics ...

JOHANNESBURG (Reuters) -South African lender Absa forecast mid-single digit revenue ... CEO Charles Russon told investors. Raju said the bank is also targeting 5 billion rand in cost savings ...

(Bloomberg) -- PepsiCo Inc.’s South African development fund and local lender Absa Group Ltd. are backing ... according to the African Development Bank. To change this, Africa needs investors ...

The seasonally-adjusted PMI sponsored by South African bank Absa slipped to 44.7 points in February from 45.3 in January, falling further below the 50-point mark that separates expansion from ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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