ABSA Bank

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ABSA Bank

Absa bank is one of the largest banks in South Africa that caters to the personal, corporate as well as commercial customers in South Africa.

  • It offers a variety of banking services right from the basic banking products to the low income group people to the wealthy products and services to the elite.
  • This bank was formed because of the amalgamation of Volkskas group and the USB holdings in the year 1991.
  • Today the Absa bank is listed on the JSE listings and is proud to be the largest financial services provided in South Africa.
  • The bank has assets worth R754 billion, 112 million customers, 9214 automated teller machines and and around 36,000 employees working in the bank.
  • The bank has also created an international presence by opening branches in the United States of America(USA), UK, Asia, Europe and Africa.
  • The strategy of the bank is to enhance the competitiveness of baas and also be the leader in retail banking market.
  • It maintains a cordial relation with all its customers, stakeholders, employees, community, government and the public at large.
  • ABSA also provides a variety of loans such as student loans, education loans, personal loans and home loans to its customers.

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