[2] In 1992, ABSA acquired the entire shareholding prowess of the Bankorp Group (which included TrustBank, Senbank and Bankfin).
The report has also shown Absa's PAYT pricing structure to have reduced by 25 percent by 2013, leaving it third cheapest in the overall ranking at that time.
[9] As of October 2019, according to Club of Mozambique, Absa Group Limited had total assets in excess of R1.9 trillion as of June 2024.
[12] ABGL in 2020 was the majority shareholder of 11 banks located in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (two entities), Uganda and Zambia.
In August 2014, Absa brought a case against James Grobbelaar and Kevin Jenzen for allegedly defaulting on their home loans.
[41] In November 2014, Absa withdrew a similar case it had brought in the North Gauteng High Court against Emmarentia and Monica Liebenberg for allegedly defaulting on loans taken out in 2007, with the bank being unable to provide a copy of the signed documents that the bank claimed to be the loan agreement they were enforcing.
[42] The Liebenberg's accused the bank of trying to bully them "into submission, by threatening legal costs and expenses and by pursuing a wrongful summary judgement application knowing full well the massive disputes involved".
The Liebenbergs also stated in their affidavit that the bank had inflated the interest rate of the loan and charged additional fees that had never been agreed to and would have been illegal even if they had been written into a signed agreement.