ABSA

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Phuong Anh Tran

ABSA is the third-largest bank in South Africa ABSA with assets valued at R1.3 trillion. Dating back to its establishment in 1916, with a history more than 150 years, The group has a strong presence in Africa with its headquarters in Johannesburg, ABSA operates in 12 countries across the continent, serves over 10 million customers in South Africa and has a significant presence in the African financial services market.


ABSA Group Limited offers a broad range of financial products and services, including retail, corporate, personal, commercial and business banking, wealth management, insurance and investment products. The company's strategy focuses on creating a digitally-led bank by investing in technology and innovation to enhance customer experience. In 2021, ABSA was named as the most innovative bank in Africa at the Global Finance Innovators' Awards for its digital transformation initiatives.


The company's focus on innovation and digital transformation highlights its commitment to staying ahead of the curve in the evolving African financial services space. The group's mission is to be an African financial services company that is constantly growing, improving, and evolving to meet the needs of its customers. ABSA Group Limited employs over 40,000 people and is committed to making a positive impact in the communities it serves through various social and economic development initiatives.


Founded: 1916

Headquarter: Johannesburg

Website: https://www.absa.co.za/personal/

ABSA bank - Photo by Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Standard_Bank,_Praca_25_de_Junho,_Maputo.jpg)
ABSA bank - Photo by Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Standard_Bank,_Praca_25_de_Junho,_Maputo.jpg)

Top 10 Largest Banks in South Africa

  1. top 1 Standard Bank
  2. top 2 ABSA
  3. top 3 NedBank
  4. top 4 Investec Bank
  5. top 5 Capitec Bank Holdings
  6. top 6 African Bank Holdings
  7. top 7 Rand Merchant Bank
  8. top 8 Mercantile Bank
  9. top 9 Grindrod Bank
  10. top 10 Discovery Bank

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