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Let's dive in. Bank Number 1: ABSA Group ABSA (OTCPK:AGRPY), or 'Amalgamated Banks of South Africa' is one of South Africa's largest banking conglomerates with a market cap of $8 billion.
Further banking sector consolidation is on the cards in South Africa, analysts predict, as projected GDP growth of more than 4% for 2005 tempts foreign players in. FirstRand Bank is top of the list of ...
Ratings agency Moody's downgraded South Africa's four biggest banks on Tuesday and put them on review for further cuts, saying there was a lower likelihood of support from the central bank to ...
Global Finance Names The Safest Banks in Africa 2023 Global Finance has announced the Safest Banks in Africa as part of its 32nd annual ranking of the World’s Safest Banks. The full list is included ...