ARTICLES RELATING TO ABSA

Average cost to build a house up 6.9% y/y

2016-11-18 18:45

The average cost of new housing built increased by 6.9% year-on-year in the first nine months of the year, according to an expert at Absa Home Loans.

Judge: Absa 'acted in good faith' when severing ties with Hlongwane

2016-11-13 12:27

The Pretoria High Court has ruled that Absa acted in good faith when closing accounts of Fana Hlongwane, who allegedly acted as a middleman in South Africa's controversial arms deal.

Absa donates R10m for 'missing middle' at Wits

2016-10-27 21:05

Absa Bank has donated R10m toward supporting “missing middle” undergraduate students at the University of the Witwatersrand.

Big SA banks doing exceptionally well - PwC

2016-09-14 11:05

SA's major banks have posted combined headline earnings of R34.6bn in the first half of the year despite a challenging global and local economic environment, says PwC.

PIC's Barclays Africa deal runs into trouble

2016-09-02 21:15

Plans by the Public Investment Corp to form a group made up of black shareholders to buy a stake in Barclays Africa Group are being hindered, sources say.

Building a house now costs 7.5% more

2016-08-19 17:51

The average cost of new housing build has increased by 7.5% year-on-year in the first half of 2016, compared to the corresponding period last year.

Absa clients fuming over double charge

2016-08-12 16:57

Frustrated Absa clients left out of pocket after being charged twice for a single transaction on their debit and credit cards are demanding answers from the bank.

Barclays Africa first-half profit slows as economic growth drops

2016-07-29 08:10

Absa's parent company Barclays Africa Group says first-half profit rose 3.7%, after credit impairments and non-performing loans increased and SA's economy shrank.

Absa launches 'world-first' Facebook Messenger banking

2016-07-19 16:59

Local financial services giant Absa [JSE:ABSP] has unveiled what it calls ‘ChatBanking for Facebook Messenger', a world-first use of the social network that allows customers to access their banking services.

FNB labels Absa Twitter banking a ‘fad’

2016-06-13 10:07

First National Bank has labelled social media banking as a passing fad but has affirmed that it's attempting to keep ahead of the technological curve.

 

Real house price growth deflates further - index

2016-11-15 17:09

In real terms house prices in the middle-segment of the SA housing market deflated further in September this year, according to an Absa index.

House price growth to stay in narrow range

2016-11-01 18:15

Nominal house price growth is expected to remain in a relatively narrow range in 2016 and 2017, says a property analyst.

Tough macroeconomy impacts bank impairments

2016-09-14 18:42

Impairment charges for the South Africa's big four banks was up 26.8% for the first half of 2016.

Middle-segment house price growth lowest in 4 years

2016-09-09 18:47

The average nominal value of middle-segment homes in SA has slowed further in August to its lowest level in almost four years, says Absa's property analyst.

Gupta bank probe a 'political hit' on Treasury, Sarb - Maynier

2016-09-02 10:56

A judicial inquiry into the banks’ conduct over the blacklisting of Gupta-owned businesses will force ratings agencies to downgrade SA to junk status, says the DA.

Absa appoints Jason Quinn as financial director

2016-08-15 19:24

Jason Quinn has been appointed Barclays Africa Group financial director and financial director of Absa Bank.

How the cheapest bank in SA stacks up against the rest

2016-08-10 18:41

All four big banks are now in fierce competition with Capitec in the basic bank account market, a new report on bank charges shows.

Absa’s Facebook Messenger banking sparks security fears

2016-07-20 11:54

Fin24 users have expressed security concerns over Absa’s move to launch a ‘world-first’ Facebook Messenger internet banking service.

SHARE WATCH: Some defensive plays in volatile times

2016-07-11 12:18

Overberg Asset Management analyst Kirk Swart looks at defensive plays in this week's five shares to watch.

What SA's top 5 banks say about MMM

2016-06-10 07:30

As more and more MMM users complain about not being able to get cash from other users, SA’s top five banks respond to a query about the scheme's banking activity.

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