South African lender Absa posts 10% rise in annual profit
South African lender Absa Group on Tuesday posted a 10% rise in annual profit from a year earlier and a…
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Gol Plans Bankruptcy Exit as Top Lender Abra to Buy Brazilian Airline
Gol Linhas Aereas Inteligentes SA has struck a sweeping restructuring deal that will see its top lender, Abra Group Ltd.,…
Absa Group Lags Peers as Leadership Turmoil Weighs on Stock
Absa Group Ltd. is the worst-performing South African bank stock this year, lagging a strong rally in its peers as…
Gaw Capital Seeks to Buy Hong Kong Buildings Stake From Partner
Hong Kong-based private equity firm Gaw Capital Partners is seeking to take full ownership of two Hong Kong office buildings…
Absa Profit Falls as South African Bank’s Bad Loans Increase
Absa Group Ltd.’s profit fell for the first time since 2020 after the South African lender’s bad loans jumped at…