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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
Source: BDliveSA - 🏆 12. / 63 Read more »
Absa restructuring puts hundreds of jobs at risk | IOL Business ReportFinance labour union Sasbo was notified to begin consulting staff on the potential impact of the move, union representative Philip Landman said. busrep Interesting that all the banks are shedding staff - Nedbank had net reduction in headcount, as did Standard and now Absa. Shows what technology in particular can do.
Source: IOL - 🏆 46. / 51 Read more »
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.
Source: ewnupdates - 🏆 30. / 53 Read more »
Absa 2018 earnings rise 3% to R16.1 billionThe group also increased gross loans to customers by 13%.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
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.
Source: SABC News Online - 🏆 32. / 51 Read more »
Polokwane City move to 5th place on the Absa premiership log - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Polokwane City have swapped places with Supersport United moving into fifth place on the ABSA premiership table after beating Golden Arrows 2-0 in Polokwane. They only team with best effort in psl so far And the picture?
Source: SABC News Online - 🏆 32. / 51 Read more »