Absa Bank Limited, formerly known as the Amalgamated Banks of South Africa, is a commercial bank in South Africa and the flagship bank of Absa Group. It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator.[4]
Location
The bank's headquarters are located on the 7th Floor of Absa Towers West, 15 Troye Street, Johannesburg, South Africa.
Overview
Absa Bank Limited is one of the largest commercial banks in South Africa. As of 31 December 2018, the bank's total assets were R1,289,000,000,000 (US$73,691,500,000).[5] Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 African countries, whose total assets exceeded US$91 billion as at October 2019. The shares of the stock of Absa Group Limited, are listed on te