Absa regains some market share in retail banking

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Absa regains some market share in retail banking 🔒

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Absa says it grabbed back some retail banking market share during 2018CFO Jason Quinn says the bank is pleased with its improved momentum as the group embarks on a new growth strategy
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Absa to pay higher dividend despite FY earnings dropAbsa, which has re-branded and renewed its strategy as a standalone African bank after separating from Barclays in 2017, announced a final dividend of R11.10 per share, up 4% from the previous year.
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Absa 2018 earnings rise 3% to R16.1 billionThe group also increased gross loans to customers by 13%.
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ABSA predicts revenue growth will outperform cost increases - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.ABSA is predicting that its revenue growth will outperform that of cost increases in 2019 after slower economic growth weighed on its capability to generate income.
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