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JOHANNESBURG, March 11 (Reuters) - South African lender Absa Group (ABGJ.J), opens new tab said on Monday its loan losses will likely remain above its target range in 2024, due to expected elevated ...

South African lender Absa Bank, along with U.S based Bank of America Merrill Lynch and Britain's Standard Chartered Bank, have signed a $500 million syndicated loan, a statement from Absa Group said ...

•This is the first syndicated loan Absa Bank has concluded in more than a decade.

JOHANNESBURG (Reuters) -South African lender Absa forecast mid-single digit revenue growth for 2025 and fewer bad loans following a 10% jump in its annual profit, driven by improved performance in the ...

Absa Bank Kenya projects its lending volumes to grow this season on branch network expansion and gains from a new loan pricing formula. The lender plans to expand its physical footprint across the ...

Absa Bank Kenya has become the latest tier-one lender to unveil its new loan pricing system, joining a growing rush by financial institutions to comply with a central bank deadline for implementing ...

Teraco Data Environments Ltd. hired Absa Group Ltd. to syndicate an 8 billion rand ($442 million) loan as the company gears up for a new facility to meet rising demand from artificial intelligence ...

Absa Bank Kenya's first-half pretax profit quadrupled year on year thanks to a drop in loan impairments and higher interest income, it said on Thursday. NAIROBI, Aug 26 (Reuters) - Absa Bank Kenya's ...

JOHANNESBURG, July 14 (Reuters) - South African bank Absa (ABGJ.J), opens new tab said on Friday its loan losses were expected to have risen above its target range in the first half of this year as ...