It is a member of the South African banking conglomerate, Absa Group Limited, whose stock is traded on the Johannesburg Stock Exchange and whose total assets exceeded US$91 billion, as of October 2019.

[4] The bank's headquarters is at Rani Towers, in the central business district of Maputo, the capital and largest city in Mozambique.

[1] As of February 2020[update], the bank maintained branches in multiple locations across the country.

[4][7] Following those events, BAG re-branded to Absa Group Limited in 2018.

Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries.