The seasonally adjusted Absa PMI (Purchasing Managers Index) continues downward trend

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Absa Corporate and Investment Banking (CIB) says plans to grow business opportunities in some markets in sub-Sahara Africa outside South Africa.

The seasonally adjusted Absa PMI (Purchasing Managers’ Index) ticked down to 47.7 index points in November from 48.1 in October.

Absa Corporate and Investment Banking (CIB) named Best Investment Bank in the 12th EMEA Finance African Banking Awards.

Absa looks to promote intra-regional trade and investment through a US$ 250 million trade finance deal

Absa Bank Limited has received regulatory approval from both the United States Federal Reserve Board and New York State Department of Financial Services (NYSDFS).

Absa PMI rose to 48.1 index points in October, up from a revised 45.1 index points in September.

Absa has today confirmed its sale of the Edcon store card debtors’ book to RCS Group, a subsidiary of BNP Paribas Personal Finance.

South Africa has for the third year running, claimed top position among 20 African countries ranked by the Absa Africa Financial Markets Index.