Absa targets African expansion as lenders seek growth beyond South Africa

By Nqobile Dludla JOHANNESBURG, March 10 (Reuters) - Absa Group is accelerating expansion across Africa as the region outside the bank's home country becomes its top growth driver, even as South ...
Bloomberg L.P.

Top African Lender Standard Bank Loses Dealmakers to Absa

Standard Bank Group Ltd., Africa’s largest lender by assets, is set to lose two more top executives to smaller rival Absa Group Ltd. The lender’s investment-banking unit appointed Clive Potter, the ...
Ecofin Agency

Absa’s Non-South African Businesses Generate Nearly a Third of 2025 Profit

Absa Group reported a 12% rise in profit in 2025, reaching 24.76 billion rand ($1.5 billion). Operations outside South Africa contributed 31% of total group earnings. Stronger economic conditions in ...