ABSA Group Limited (ASA) Company Profile - CorporateInformation.com

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ABSA Group Limited Company Snapshot

Business Description:

ABSA Group Limited operates in the Foreign bank & branches & agencies sector. Absa Group Limited (Absa) is a South Africa-based financial services organization offering a range of banking, insurance and wealth management products and services. Absa's business is conducted primarily in South Africa. Absa also has equity holdings in banks in Mozambique and Tanzania and representative offices in Namibia and Nigeria. Absa is a subsidiary of Barclays Bank PLC (Barclays), which is a global financial service provider engaged in retail banking, credit cards, corporate and investment banking, and wealth management with an international presence. The Company operates in four segments: retail banking, commercial banking, investment banking and . During the year ended December 31, 2010, the Company acquired 50% interest in Amrichprop 49 Properties (Proprietary) Limited (Amrich). In August 2010, it disposed all of its units from Absa Property Equity Fund. In August 2011, the Company acquired Global Alliance Seguros SA. In our complete report available for purchase the company is compared to: Turkiye Garanti Bankasi A.S., FirstRand Limited and Nedbank Group Limited.

ABSA Group Limited

Stock Performance Chart for ABSA Group Limited

Stock Data:

Recent Stock Performance:

Current Price (2/10/2012): 149.00
(Figures in South African Rands)

1 Week	-0.3%		13 Weeks	0.7%

4 Weeks	6.4%		52 Weeks	11.4%

ABSA Group Limited Key Data:

	Ticker:	ASA	Country:	SOUTH AFRICA

	Exchanges:	JNB OTH	Major Industry:	Financial

			Sub Industry:	Commercial Banks

	2010 Sales	75,792,000,000 (Year Ending Jan 2011).	Employees:	36,770

	Currency:	South African Rands	Market Cap:	106,833,000,000

	Fiscal Yr Ends:	December	Shares Outstanding:	717,000,000

	Share Type:	Ordinary	Closely Held Shares:	534,499,569

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