Company Absa Bank Limited

Equities

ABSP

ZAE000079810

Banks

End-of-day quote Johannesburg S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
724.4 ZAR +1.31% Intraday chart for Absa Bank Limited -0.23% -3.28%

Business Summary

Absa Bank Limited offers a range of retail, business, wealth management, corporate and investment solutions to customers and clients across South Africa. The Company's segments include Product Solutions Cluster, Everyday Banking, Relationship Banking, and Corporate and Investment Bank (CIB). Product Solutions Cluster segment offers a range of residential and vehicle finance solutions along with insurance products and services to protect customer's wealth and investment. Everyday Banking segment offers day-to-day banking services for the retail customer and includes card, personal loans, and transactional and deposits. Relationship Banking segment focuses on business areas, such as business banking services, commercial payments, and private wealth. The CIB segment includes investment bank and corporate. Investment bank consists of Global Markets, Investment Banking Division, Commercial Property Finance (CPF) and Private Equity and Infrastructure Investments (PEII).

Number of employees: 27,085

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Everyday Banking
38.5 %
24,040 37.5 % 25,218 38.5 % +4.90%
Relationship Banking
23.1 %
14,423 22.5 % 15,170 23.1 % +5.18%
Corporate and Investment Bank
22.5 %
14,136 22.1 % 14,740 22.5 % +4.27%
Product Solutions Cluster
15.6 %
10,247 16.0 % 10,252 15.6 % +0.05%
Barclay's Separation Effects
0.2 %
58 0.1 % 127 0.2 % +118.97%
Head Office, Treasury and Other Operations
0.0 %
1,170 1.8 % 28 0.0 % -97.61%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
100.0 %
64,074 100.0 % 65,535 100.0 % +2.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 22-03-28
Director of Finance/CFO - Nov. 21
Chief Tech/Sci/R&D Officer 53 -
Compliance Officer 51 19-10-31
Corporate Officer/Principal 46 21-05-31
Comptroller/Controller/Auditor 47 21-01-03
Corporate Officer/Principal - 21-04-22
Corporate Officer/Principal - -
Sales & Marketing 50 -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 57 21-11-30
Director/Board Member 65 -
Director/Board Member 48 15-12-31
Chief Executive Officer 67 17-01-31
Chief Executive Officer 58 22-03-28
Director/Board Member 65 22-02-07
Corporate Officer/Principal - 21-04-22
Director of Finance/CFO - Nov. 21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 145,691,959 0 0 0.5359 %
Stock B 1 302,609,369 0 0
Stock C 1 4,944,839 2,428,777 ( 49.12 %) 0

Shareholders

NameEquities%Valuation
Abax Investments (Pty) Ltd.
5.562 %
275,011 5.562 % 11 M R
Prescient Investment Management (Pty) Ltd.
3.142 %
155,389 3.142 % 6 M R
Old Mutual Multi-Managers
1.270 %
62,781 1.270 % 3 M R
Nedgroup Private Wealth (Pty) Ltd.
1.219 %
60,276 1.219 % 2 M R
ALUWANI Capital Partners (Pty) Ltd.
0.6759 %
33,423 0.6759 % 1 M R
Marriott Asset Management Pty Ltd.
0.6624 %
32,757 0.6624 % 1 M R
Investec Wealth & Investment Management (Pty) Ltd.
0.6265 %
30,977 0.6265 % 1 M R
Truffle Asset Management (Pty) Ltd.
0.4973 %
24,589 0.4973 % 997 259 R
ABSA Investment Management Services Pty Ltd.
0.3438 %
17,000 0.3438 % 689 471 R
Merchant West Investments (Pty) Ltd.
0.2952 %
14,597 0.2952 % 592 012 R
NameEquities%Valuation
302,609,369 100.00 % 12 273 M R
NameEquities%Valuation
145,691,959 100.00 % 5 909 M R

Holdings

NameEquities%Valuation
648,540 0.10% 5,065,097 $

Company contact information

ABSA Bank Ltd.

Absa Towers West 15 Troye Street

2001, Johannesburg

+27 11 350 4000

http://www.absa.co.za
address Absa Bank Limited(ABSP)

Group companies

NameCategory and Sector
Regional Banks
Investment Managers
Major Banks
Major Banks
Major Banks
Major Banks
Major Banks
Regional Banks
Investment Managers
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