MegaBanner-Right

MegaBanner-Left

LeaderBoad-Right

LeaderBoard-Left

Home » Industry News » Absa opens UK office, hopes to profit from post-Brexit trade in Africa

Absa opens UK office, hopes to profit from post-Brexit trade in Africa

Absa, which recently rebranded following its separation from Barclays, has announced the launch of its UK office.

The bank and financial services group described the move as part of a growth strategy as “investors and businesses look to an increasingly stable and prosperous Africa for opportunity in a post-Brexit environment”.

Its goal is to help UK firms do business in Africa.

“We have an ambitious growth strategy at the centre of which is the growth of our clients,” said Absa group CEO Maria Ramos in a statement. 

“Our UK office is an important component of our growth intentions and we are delighted to introduce it to our clients at this time,” she said. 

It said the office would focus on liquidity management, cash management, trade and working capital, risk management, card issuing and investment banking.


Source:

Fin24

 

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

SEW-Eurodrive doubles down on drive innovation at Electra Mining Africa

IT’s all systems go for SEW-EURODRIVE at Electra Mining Africa this year, as the company has added another exhibition stand to signal the company’s...

3 Revenue-Boosting Strategies for Your Medical Practice in 2024

Running a medical practice is a balancing act: you want to deliver excellent patient care while keeping your business healthy. Thankfully, technology offers some...

MUST READ

Cape Town has the ninth-worst traffic congestion in the world

By Larry Claasen The City of Cape Town will spend R444-million to relieve traffic congestion over the next three years. TRAFFIC congestion in Cape Town ranks...

RECOMMENDED

Cape Business News
Follow us on Social Media