Absa Group Limited

Johannesburg Stock Exchange ABG.JO

Absa Group Limited Goodwill for the year ending December 31, 2023: USD 41.99 M

Absa Group Limited Goodwill is USD 41.99 M for the year ending December 31, 2023, a -5.35% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.
  • Absa Group Limited Goodwill for the year ending December 31, 2022 was USD 44.36 M, a -6.02% change year over year.
  • Absa Group Limited Goodwill for the year ending December 31, 2021 was USD 47.20 M, a -18.55% change year over year.
  • Absa Group Limited Goodwill for the year ending December 31, 2020 was USD 57.95 M, a -4.54% change year over year.
  • Absa Group Limited Goodwill for the year ending December 31, 2019 was USD 60.70 M, a 2.31% change year over year.
Key data
Date Goodwill Total Assets Current Liabilities Total Non-Current Liabilities
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Johannesburg Stock Exchange: ABG.JO

Absa Group Limited

CEO Mr. Charles Russon
IPO Date Jan. 4, 2000
Location South Africa
Headquarters Absa Towers West
Employees 37,082
Sector Finance
Industries
Description

Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. The company operates through Retail and Business Banking; Corporate and Investment Banking; and Head Office, Treasury and Other Operations. It provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services. The company offers retail and business banking products and services to individual, enterprise, and commercial customers, including residential property-related finance solutions; vehicle and asset finance products and services; credit cards; personal loans; relationship banking; short-term insurance products; transactional banking, savings, and investment products and services; and rewards program and services. It also provides commercial property finance and term loans. In addition, the company offers investment banking services; private equity and infrastructure investments; corporate banking products and services; and wealth management services. Further, it provides life insurance products covering death, disability and retrenchment, funeral, and life wrapped investment products; investments, such as asset management, multi-management, unit trusts, and investment products; treasury services; and wealth and financial advisory services. Additionally, the company offers market services; trade and working capital solutions; and cash management, payment, and liquidity products and solutions. It also offers broker-dealer trading in debt and equity securities; and solicitation, syndication, selling, and arranging of equity and debt products, as well as financial, leasing, and management services. The company was formerly known as Barclays Africa Group Limited and changed its name to Absa Group Limited in May 2018. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa.

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StockViz Staff

January 15, 2025

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