Today, Absa, one of Africa’s largest diversified financial services groups, launches their UK office. Officially trading as Absa Securities UK, the move supports the group’s ambition to bring the world to Africa as the preferred corporate & investment banking partner between UK and European investors looking to do business in the continent’s growing economies.
23 August 2018
Absa CIB advises YeboYethu on Vodacom landmark BEE deal
Absa Corporate and Investment Banking (CIB) has been part of the recently announced Vodacom YeboYethu BEE deal in which it acted as the sole financial advisor to JSE listed empowerment group YeboYethu.
16 August 2018
Absa Corporate and Investment Banking looks towards growth possibilities for Africa
Much has been said about the African growth story and the opportunity our continent presents. But the role of financial institutions in securing that growth cannot be underplayed.
Absa Group Limited reported an increase in earnings, revenue and dividend for the first half of 2018 today. The group reported its first set of financial results as `Absa Group’ after being renamed on 11 July this year as it separates from the international Barclays PLC group.
Absa Group Limited today reported good progress in positioning to deliver on the new corporate strategy it launched in March 2018. The group, previously known as Barclays Africa Group, reiterated its goal to double its share of banking revenues in Africa to 12%.
Absa Corporate and Investment Banking (CIB) has successfully closed debt financing worth R22 billion for 12 renewable energy projects as part of the Department of Energy’s latest bidding round under the renewable energy independent power producer programme (REIPPP).
The arrival of Samsung Pay gives Absa customers even more choice on how they can make payments. This is a secure, simple and convenient way to make mobile payments using compatible Samsung Galaxy smartphones.