Company Absa Bank Limited

Equities

ABSP

ZAE000079810

Banks

End-of-day quote Johannesburg S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
739 ZAR 0.00% Intraday chart for Absa Bank Limited -0.00% -1.34%

Business Summary

Absa Bank Limited offers a range of retail, business, wealth management, corporate and investment solutions to customers and clients across South Africa. Its segments include Product Solutions Cluster, Everyday Banking, Relationship Banking, Corporate and Investment Bank (CIB), and Head Office, Treasury, and other operations. The Product Solutions Cluster segment offers mortgages, vehicle financing, life and non-life insurance products, investment products and advisory services. The Everyday Banking segment offers day-to-day banking services for retail customers. The Relationship Banking segment includes business banking services, commercial payments, and private wealth. The CIB segment offers investment banking, corporate and transactional banking, financing, risk management, and advisory products and services. The Head Office, Treasury and other operations segment includes non-banking activities and includes investment income earned by the Bank and Corporate Real Estate Services.

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 46 98-12-31
Chief Tech/Sci/R&D Officer 53 -
Compliance Officer 51 19-10-31
Comptroller/Controller/Auditor 47 21-01-03
Corporate Officer/Principal - 21-04-22
Corporate Officer/Principal - -
Sales & Marketing 50 -
Corporate Secretary - -
Corporate Officer/Principal 50 10-12-31

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 46 98-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 145,691,959 0 0 0.5852 %
Stock B 1 302,609,369 0 0
Stock C 1 4,944,839 2,652,310 ( 53.64 %) 0

Shareholders

NameEquities%Valuation
Abax Investments (Pty) Ltd.
5.562 %
275,011 5.562 % 11 M R
Prescient Investment Management (Pty) Ltd.
0.7929 %
39,210 0.7929 % 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.
0.6374 %
31,518 0.6374 % 1 M R
Truffle Asset Management (Pty) Ltd.
0.4716 %
23,318 0.4716 % 893 803 R
STANLIB Multi-Manager (Pty) Ltd.
0.1033 %
5,107 0.1033 % 195 757 R
Anchor Private Clients (Pty) Ltd.
0.0404 %
2,000 0.0404 % 76 662 R
Methodical Investment Management Pty Ltd.
0.0404 %
1,999 0.0404 % 76 624 R
Sanlam Multi Manager International (Pty) Ltd.
0.0343 %
1,697 0.0343 % 65 048 R
NameEquities%Valuation
302,609,369 100.00 % 11 599 M R
NameEquities%Valuation
145,691,959 100.00 % 5 585 M R

Holdings

NameEquities%Valuation
648,540 0.10% 4,448,984 $

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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