Absa Bank won this year's award for "Best Bank for Small and Medium Enterprises (SMEs) in Mozambique", awarded by the British magazine Global Banking & Finance Review, one of the most prestigious international publications specializing in financial markets and analysis of the banking sector. In a press release, the bank said that this distinction...
Absa Bank Mozambique is holding the 8th edition of its Ready to Work program, which this year aims to reach 5,000 more young people across the country. For the first time, in 2024, the program will expand to the central region, in the provinces of Manica, Sofala, Zambézia and Tete, marking a significant milestone in the training of young people...
Absa Bank Moçambique is ending a 13-year cycle of leadership by Luisa Diogo, who is stepping down as Chairman of the Board of Directors, and a legacy of recognized professional and human merit. However, she remains a non-executive director of the Absa Group in South Africa, a position she has held since August 2023. Her successor...
Absa Bank Moçambique has opened the exhibitions "Algoritmo da Descontinuação", by Marcos Pfuka, in Maputo, "Traços e Carvão", by Hotélio Ernesto, in Beira and "Amor e Eventos", by Madamudje Marqueza, in Nampula, at the Premier branches in these cities. The exhibitions are part of the Ready For Art program, as part of the bank's commitment to...
Absa Bank Moçambique was recognized for the second year running as the "Best Financial Institution in Women's Empowerment in Mozambique 2024". The distinction was awarded by the prestigious British magazine Global Banking & Finance Review. This recognition, according to the bank, reflects its ongoing efforts to promote female empowerment, creating a...
Absa Bank Moçambique was present at the 3rd Prime Education Fair, held recently in the city of Maputo. Represented by the Head of Retail and Business Banking, Martha Humbane, the Bank reaffirmed its commitment to promoting the education and financial development of young Mozambicans. During the event, which brought together around 300 participants,...
The Xiquitsi project kicked off the 2024 Xiquitsi classical music season last week, with the support of Absa Bank Mozambique. This initiative aims to foster the development of culture through classical music, providing opportunities for children and teenagers in situations of social vulnerability. With this partnership, Absa Bank Mozambique reinforces its...
Absa Bank Moçambique took part in the 10th edition of the Mozambique Mining and Energy Conference and Exhibition (MMEC), which on May 2 and 3 brought together government officials, businesspeople and experts in the mining and oil and gas areas. Under the theme "Partnerships for Prosperity: Unlocking Mozambique's Resources to Advance...
Absa Bank Moçambique once again demonstrated a positive financial performance in 2023. It achieved annual net profits of 1,623 million meticais, or 58.7% growth on the previous year. This performance was accompanied by a solid capital base and a robust liquidity position, allowing it to increase shareholder remuneration...
The arts are a supreme resource for raising awareness, in many ways, and here in Mozambique there is a bank that is increasingly excelling in this combination. It's Absa Bank, which for years has been using the arts and culture to teach financial literacy. This Mozambican Women's Month, the institution has taken on the challenge of...