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ABSA Group Limited - Company Profile Snapshot

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Company Profile: ABSA Group Limited
Ticker: ASA
Exchanges: JNB OTH
2008 Sales: 97,703,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: SOUTH AFRICA
Employees: 37828

Business Description
ABSA Group Limited(ABSA). The Group's principal activity is providing retail, corporate and investment banking services. The Group's operations are carried out through its five business operations namely, Retail Banking, Corporate and Business Banking, Absa Capital, African Operations and Bancassurance. Retail Banking offers comprehensive range of banking products and services to individuals and small business customers. Corporate and Business Banking provides a comprehensive range of banking products and services to corporate, medium and large business customers. Absa Capital provides investment banking solutions to the corporate market segment. African operations provides retail and limited corporate services from a national network of branches, agencies and ATMs. Bancassurance comprises various insurance products, financial advisory services, drafting and safe custody wills, comprehensive administration, actuarial and consulting services for a variety of investment products.

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