Absa Bank, Absa Group subsidiary, posts Rm 6.41 billion half-year profit attributable to ordinary shareholders

Reuters2026/08/18 05:44

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Absa Bank, a subsidiary of Absa Group Limited, released unaudited supplementary results for the period ended June 30, 2026.
Total income rose to Rm 37,506 from Rm 34,729; profit attributable to ordinary equity holders increased to Rm 6,414 from Rm 4,940.
Credit impairment charges were Rm 5,610 versus Rm 5,580; return on equity improved to 12.4% from 9.9%.
Total assets climbed to Rm 1,865,275 from Rm 1,745,410; deposits and debt funding increased to Rm 1,616,572 from Rm 1,478,679.
Common Equity Tier 1 ratio was 12%; capital adequacy ratio strengthened to 16.5% from 16%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Absa Group Limited published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Absa Bank, Absa Group subsidiary, posts Rm 6.41 billion half-year profit attributable to ordinary shareholders

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