SECTOR EXPERTISE

Financial Institutions Group

Unlocking value across the continent in this evolving sector

We provide comprehensive support to the sector most pivotal to economies and countries.

Heritage2
YEARS OF HERITAGE

150

Africa
PRESENCE IN AFRICAN COUNTRIES

12

left-quote

THOUGHTS FROM OUR LEADERS

Local and global expertise and partner networks support our clients’ cross-border growth

Absa’s Financial Institutions team builds and maintains relationships with international banking partners and domestic banking partners across the continent. Through our cross-border relationships, we ensure that Absa’s CIB, Wealth, Business Banking and private clients are able to transact overseas.

Every cross-border transaction requires a remitting bank and a beneficiary bank, which places us at the centre of all international activity – from imports and exports, to foreign exchange and investments.

Our clients are able to leverage our relationships that we’ve built and nurtured with more than 1000 banking institutions around the globe.

Our on-the-ground expertise ensures that we only work with institutions and in jurisdictions that have strong Compliance (Know Your Customer (KYC), Anti-Money Laundering (AML) and Anti-Terrorism protocols and regulations in place to ensure our clients are protected from a moral, regulatory and corporate governance perspective.

As one of the largest Pan African banks operating across the continent, we are able to support our clients through our strong balance sheet, innovative products and relationships with top Tier  international and African banks, being a true gateway in and out of Africa.

As Africa continues to innovate and grow, Absa CIB’s robust sector focus, deep industry expertise, strong regional presence and valuable network of international relationships continues to propel and support our clients’ expansion ambitions.

Mike von Fintel 

Head: Financial Institutions
left-quote

THOUGHTS FROM OUR LEADERS

Spearheading the sector that drives diversified and inclusive economies

The Financial Services sector is pivotal to every country’s economy. From insurance to financial markets and micro finance institutions, to money services businesses and asset retirement obligations (AROs), countries evolve based on advancements made in their financial services sector. Essentially this is the one sector that determines how diversified and inclusive an economy is.

The Financial Services sector has also been subject to tremendous change over the past decade with the pace and agenda largely driven by digital disruptors.

Regulations, compliance, cyber risks and tech advancements have made their mark – from the clear impacts of disruption in the FinTech and InsurTech spaces – to less obvious innovations such as Uber, that will directly impact the car insurance market in years to come.

The global pandemic is expected to intensify the spotlight on the need to build more comprehensive economies, considerations that the Financial Services sector must urgently address.

At Absa, our strength in this market is evidenced by our proven track record. We are the primary transaction bank of Sanlam, Munich Re, Santam, AIG, Willis and Monet.

Our service excellence, product innovation and extensive industry expertise are borne out of our ability to stay abreast of regulatory changes, detect shifts in the market and identify new opportunities.

Our scale and credit rating underpins the established and trusted role that we play in this sector, both in South Africa and across the African continent.

Monique Pennells

Head: Non-Bank Financial Institutions

Latest Insights

Unique perspectives on factors impacting the financial sector today

AWARDS

Euromoney Cash Management Survey Awards 2024

We are pleased to share that we have received three awards at Euromoney 2024 Cash Management Survey; earning awards for Africa's Best Cash Management Bank for Collections, Africa's Best Cash Management Bank for Corporate Cards, and Africa's Best Cash Management Bank for Foreign Exchange.

EVENTS

Sibos 2024

Sibos is the premier forum for the international financial community, bringing together thousands of business leaders, decision-makers, topic experts and over 125 exhibitors, collectively shaping the future of finance under the theme “Connecting the future of finance”.

INSIGHTS SERIES

NBFI Insights 2023

Our foresight assists your business' sustainable growth potential. We understand that expert insights create great impact when actioned with collaboration, one sector at a time. 

FINANCIAL INSTITUTIONS GROUP

Fintech

We are committed to identifying and supporting fintech-related advisory opportunities. From facilitating mergers and acquisitions to capital raising in both public and private markets, our role extends beyond traditional banking boundaries.

INSIGHTS SERIES

NBFI Insights

As one of the largest funders of agricultural projects in sub-Saharan Africa, we are fortunate enough to have access to some of the most sophisticated farmers and agri-processing professionals on the continent. Couple this with the fact that we are one of the largest card issuers in South Africa and have access to data-rich consumer insights; we are uniquely positioned to track the journey of agriculture projects from farm to fork.

Financial Sector Insights

Technology transforming finance: The state of play in Africa

Africa is emerging as a hotspot for innovation in financial ecosystems.

Subscribe to newsletter

Please enter your contact information to receive news and updates.

Full Name

Company email address


By clicking Subscribe, I confirm that I have read and accepted the Terms of Use and Privacy Statement.

OUR TRACK RECORD

Feedback from our clients

Subscribe for quarterly updates

Analysis and data-driven insights for a changing world – delivered directly to your inbox.

Rate our website

How would you rate your overall satisfaction with this website?