Investors battle to swallow Absa’s road to recovery tale

Share the news!!!

Share on facebook
Share on whatsapp
Share on twitter
Share on pinterest
Share on email

Absa is having a hard time convincing some investors it can win back the market share lost while under the control of Barclays.

South Africa’s third-largest lender was once the leading retail bank with over 10 million customers and more mortgages on its books than any of its peers. Now, released from the shackles of London-based Barclays, Absa Chief Executive Officer Maria Ramos can take on more risk with a plan to grow revenue faster than her main rivals from 2019 to 2021.

For full report, click here…

Leave a Reply