As part of its financial education program, Absa Bank Mozambique has invested in initiatives aimed at boosting financial literacy throughout the country. To this end, in 2021, the bank launched a financial literacy guide, a manual containing information on the characteristics of the main banking products and services, and the generalization...
Absa Bank Mozambique recently held a session focused on encouraging public-private partnerships in the fight against financial crime. Since 2022, Mozambique has been on the gray list of the Financial Action Task Force (FATF), an intergovernmental body that aims to develop and promote national and international policies to combat money laundering and the financing of...
Since 2016, Absa Bank Mozambique has trained more than 18,000 young Mozambicans for the job market through the Ready to Work program. This is an initiative that aims to provide young people with strategic tools for the transition from academic life to the professional world, while also promoting the development of interpersonal skills,...
Absa Bank has just been distinguished as the "Best Financial Institution in Women's Empowerment in Mozambique 2023" by the British magazine Global Banking & Finance Review. In a statement, the bank said that its distinction reaffirms its efforts to create an increasingly inclusive and favorable environment for the development and retention of...
Absa Bank Moçambique was awarded the Best Bank for Sustainable Development Mozambique 2023 Prize by Global & Finance Magazine, an international publication focused on the financial sector. This award reinforces the Bank's commitment to the country's economic, social and environmental development. Its actions have a positive impact on the communities where it operates, through...
Absa Bank Moçambique is a pioneer in terms of electronic banking security by implementing intelligent ATM security systems. As of November 7, the bank's ATMs will have an intelligent system that makes banknotes unusable through the use of a permanent, indelible, traceable and denouncing ink, whenever an event occurs....
Banks in Mozambique have been "real money-making machines". And without much margin for error, it can be said that it has been one of the most profitable businesses, despite the adverse scenarios that the economy has gone through time and time again. This is what this sector has been demonstrating through the reports and accounts presented...
For the second year running, the Absa Group has won the awards for Best Bank for Trade Finance, Best Bank for Cash Management and Best Trade Finance Platform in Africa. The awards were presented by the Middle East & Africa Innovation Awards 2023. The award reinforces its commitment to being a...
Absa Bank has been named by the Global Banking & Finance Review as the Best Place to Work in 2023, thus reinforcing its position as a Bank of People for People and an employer of choice. This recognition is the result of investment in the quality of the working environment, in diversity, in the implementation of...
The Dubai Chamber in Mozambique, in partnership with the Mozambique Chamber of Commerce (CCM), Absa Bank Mozambique and the Muslim Association of Mozambican Entrepreneurs and Entrepreneurs (AMEEM), organized a Business Mission to Dubai, which took place from 2 to 4 May 2023. The aim of this Absa Bank-funded mission was...