Absa partners with IFC to launch $50-million trade facility for African farmers
This follows a recent collaboration between Absa and IFC, which resulted in a $60 million trade finance facility for Volcafe, a leading global green coffee merchant.
Absa Group
Absa led by South Africa executive Arrie Rautenbach seals deal with French giant Renault
The collaboration introduces Renault Financial Services, a new financing and services platform designed for Renault customers.
South African executive Arrie Rautenbach-led Absa opens doors in China’s capital
This move aligns with Absa’s client-centric approach, which is poised to play a growing role in global trade, particularly in the China-Africa investment relationship.
Absa Group, led by South African exec Arrie Rautenbach, unveils $3.2-billion bond program
Rautenbach, a veteran South African banker with deep financial services expertise, holds a 0.026 percent stake (218,412 shares) in Absa Group.
South African exec Arrie Rautenbach guides Absa Group to record $5.3-billion revenue in 2023
Absa Group, a Johannesburg-based diversified financial services provider led by South African banking executive Arrie Rautenbach, achieved a significant milestone in its…
South African banker Faisal Mkhize’s salary at Absa tops $1 million
Mkhize is a seasoned veteran renowned for his extensive knowledge within South Africa’s financial services sector.
South African banker Jason Quinn’s salary at Absa amounts to $1.8 million
Quinn also owns a minority stake of 0.012 percent, amounting to 99,814 shares in the financial services giant.
South African banker Charles Russon’s salary at Absa amounts to $1.6 million
Russon owns a minority stake of 0.018 percent in Absa Group, which is presently valued at $1.42 million.
Patrice Motsepe-linked SIH combines with Absa to create one of South Africa’s largest asset managers
SIH is Sanlam’s third-party asset management company.
South African exec Arrie Rautenbach-led Absa Group expects earnings to rise by 27 percent in H1 2022
Rautenbach owns a 0.023-percent stake in the banking group, worth $1.94 million.
British bank Barclays sells $687-million stake in Arrie Rautenbach-led Absa Group
Absa Group shares have fallen by more than four percent since the opening of the Johannesburg Stock Exchange this morning.
Absa’s first Black CEO Daniel Mminele receives $2.1 million in termination payment from Absa Group
The South African executive became CEO of Absa Group in January 2020.
South African financial services group, Absa Group, appoints Arrie Rautenbach as CEO
Rautenbach has been with Absa since 1997.
Jason Quinn-led Absa Group resumes dividend payment as earnings exceed $1.1 billion
The issued dividend reflects the group’s strong financial performance at the conclusion of its 2021 fiscal year.