ABSA, also known as Absa Bank Limited, is a commercial bank operating in South Africa and various other African countries. It is a subsidiary of the Absa Group, which is one of South Africa`s largest financial services organisations. Absa offers a wide range of banking products and services to both individuals and businesses, including retail banking, business banking, wealth management, corporate banking, and investment solutions. - **Absa Bank Limited (ABL)**: Absa Bank Limited, formerly known as Amalgamated Banks of South Africa, is a commercial bank in South Africa. It is licensed by the Reserve Bank of South Africa and is a wholly owned subsidiary of the Absa Group. - **Presence in Africa**: The Absa Group has a significant presence in several African countries, including Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda, and Zambia. Absa operates banks in these countries and also has insurance operations in Botswana, Kenya, Mozambique, South Africa, and Zambia. Additionally, Absa has representative offices in Namibia, Nigeria, and the United States. - **Purpose and Values**: Absa`s purpose is to sustainably create shared value and play an integral role in the lives of its customers and clients. The bank aims to empower its customers to achieve more and to be recommended by them to their family, friends, and business associates. Absa is committed to being a truly African brand, inspired by the people it serves and always striving to be brave. - **Ownership**: Absa Bank is a wholly owned subsidiary of the Absa Group. While most of the banks operated by Absa are wholly owned, there are some instances where Absa holds majority stakes in the banks, such as in Botswana, Kenya, Mozambique, Tanzania (National Bank of Commerce), and Seychelles. - **History**: Absa Group Limited traces its roots back to the incorporation of Amalgamated Banks of South Africa (ABSA) Limited in 1986, which was formed through a merger of several banks and financial institutions. Over the years, Absa has grown and expanded its operations, acquiring other banks and financial entities to strengthen its position in the market. - **Corporate Identity**: In 1998, Absa consolidated its various brands, including United, Volkskas, Allied, and TrustBank, into a single brand. Since then, Absa has adopted a new corporate identity and continues to serve its customers with a unified brand and purpose. Please note that the information provided is based on the search results you provided, and additional information about ABSA banks may be available from official sources or the Absa Group`s official website.