Absa Group Limited
2018 Integrated Report

We are an African group, inspired by the people we serve and determined to be a Group that  is globally respected and that Africa can be proud of. We are committed to finding local solutions to uniquely local challenges and everything we do focuses on adding value.

We are creating an organisation that can make better decisions faster, is aligned and engaged at every level, headed by leaders who inspire the whole organisation to action and give our employees an emotional sense of belonging and commitment.

We are
driven by our

Bring your possibility to life.

We believe in possibility, in the actions of people who always find a way to get things done. We believe in creating opportunities for our customers to make their possibilities real and supporting them every step of the way.

...guided by
our promises.
  • For our people, we will create a culture that appreciates, unifies and differentiates us from our competitors.
  • For our customers, we will create unprecedented, seamless experiences to engage and delight them.
  • For society, all our employees will lead with a conscience... doing the best for people and the planet.
We live by
our Values.

We drive high performance to achieve results

Our people are our strength

We are obsessed with the customer

We have an African heartbeat


Brave, passionate, ready


Group Chairman's message

2018 was a year of good progress in terms of the Separation and of transformation as we embed the Group's growth strategy throughout the business.


Message from the CEO

With major changes bedded down in 2018, including the launch of our new strategy and implementing our new operating model, the framework for our business has been reset.


Group Financial Director's message

Despite a challenging backdrop, we are pleased with the improved underlying momentum of our new growth strategy.

Watch 2018 Results Presentation
Headline earnings rose 3% to R16.1bn
Return on equity improved slightly to 16.8% from 16.5%
Revenue grew 4% to R75.7bn
Operating expenses rose 5% to R43.6bn
Dividend increased 4% to R11.10 per share
Feedback? Comments or queries regarding these documents can be sent to groupinvestorrelations@absa.africa or groupsec@absa.africa