[3] The bank's headquarters are located on the 7th Floor of Absa Towers West, 15 Troye Street, Johannesburg, South Africa.
[2] Absa Bank Limited is a 100 percent subsidiary of Absa Group Limited, the Pan African financial services conglomerate headquartered in South Africa, with subsidiaries in 12 African countries, whose total assets exceeded US$91 billion as at October 2019.
[1][6] According to the archives of maintained by Barclays Bank Plc, Amalgamated Banks of South Africa Limited was incorporated in 1986, by "the merger of UBS (United Building Society) Holdings, the Allied and Volkskas Groups, and certain interests of the Sage Group".
In 1992 Absa acquired the entire shareholding of the Bankorp Group, which included TrustBank, Senbank and Bankfin.
[7] In 2016, Barclays Bank Plc, which owned 62.3 percent of Barclays Africa Group (BAG), the then parent company of Absa Bank Limited (the South African subsidiary), decided to divest its majority shareholding in BAG, worth £3.5 billion at that time.