Absa Bank Limited operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Absa Bank Limited with three other
companies in this sector in SOUTH AFRICA :
Nedbank Group Limited
sales of 109.62 billion South African Rands [US$7.18 billion]
of which 26%
(80.49 billion South African Rands [US$5.27 billion]
of which 34%
was Specialist Banking), and
Absa Group Ltd
(141.02 billion South African Rands [US$9.24 billion]
of which 35%
was Retail and Business Banking South Africa).
Absa Bank Limited reported sales of 103.84 billion South African Rands (US$6.80 billion)
December of 2019.
increase of 6.8%
versus 2018, when the company's sales were 97.20 billion South African Rands.
Sales at Absa Bank Limited have increased during each of the previous five years
(and since 2014, sales have increased a total of 41%).
Sales of Rbb saw an increase
4.0% in 2019, from
41.25 billion South African Rands to 42.89 billion South African Rands.
Not all segments of Absa Bank Limited experienced an increase in sales in 2019:
sales of Barclays Separation fell 81.0% to 163.00 million South African Rands.
(However, this segment's sales were only a very small portion of the company's overall sales).
Absa Bank Limited also experienced decreases in sales in
Cib (down 7.8% to 9.99 billion South African Rands)