June 27, 2017 10:26 AM ET

Banks

Company Overview of Absa Bank Limited

Company Overview

Absa Bank Limited provides various banking products and services primarily in South Africa and Namibia. The company accepts cheque, youth, transactional, and business accounts. Its loan products include personal, express, instant, home, car, study, structured, short and medium term, and trade and working capital loans; vehicle and asset, property, and debt finance; and overdraft and revolving credit facilities. The company also offers credit and debit cards; savings and investment products; home, car, household, life and funeral, travel, will, trust, estate, personal asset risk, and business insurance products; and youth and student, Islamic and international banking, investment management, ...

Barclays Towers West

7th Floor

15 Troye Street

Johannesburg,  2001

South Africa

Founded in 1991

27,324 Employees

Phone:

27 11 350 4000

Key Executives for Absa Bank Limited

Chief Executive Officer and Executive Director
Age: 57
Financial Director
Age: 56
Chief Operating Officer
Age: 49
Chief Executive of Wealth, Investment Management and Insurance
Age: 41
Chief Executive of Retail and Business Banking
Age: 54
Compensation as of Fiscal Year 2016.

Absa Bank Limited Key Developments

ArcelorMittal South Africa Limited Announces Change in Sponsor

ArcelorMittal South Africa Limited advised shareholders that Absa Bank Limited has been appointed as the company's Sponsor with effect from 1 May 2017, replacing JP Morgan Equities South Africa Pty Ltd.

Absa Bank Limited Announces Final Dividend, Payable on April 10, 2017

Absa Bank Limited announced a final dividend of ZAR 29.16 per share compared to ZAR 28.86 per share a year ago. The record date is April 04, 2017 and it is payable on April 10, 2017.

Absa Bank Limited Appoints Rene van Wyk as an Independent Non-Executive Director

Absa Bank Limited announced that Rene van Wyk has been appointed as an independent non-executive director on the boards of Absa Bank with effect from 1 February 2017. Rene held the position of Registrar of Banks and Head of Banking Supervision at the South African Reserve Bank from November 2011 until his retirement in May 2016. Prior to that he was with the Nedbank group of companies (from 1993 to 2011), where he occupied various positions in the risk field, notably Executive Director responsible for risk at Nedcor Investment Bank, and later CEO of Imperial Bank. He is a chartered accountant (SA) and in his earlier years was a partner at KPMG.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 8, 2016
Tembisa Mall (Proprietary) Limited
 

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