In focus: Absa

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Euromoney sketches the new face of South African retail banking and takes a look back at the Barclays-Absa courtship.

In late-December 2012, Absa Group and Barclays announced they planned to combine most of their Africa operations in a transaction tipped to create South Africa's largest retail bank. The deal reshaped the South African banking landscape and revealed Barclays' emerging market-related strategic ambitions under its new chief executive Antony Jenkins, who replaced Bob Diamond. Euromoney takes a look at the Barclays-Absa courtship in recent years.

Barclays  

Better late than never for Barclays-Absa merger
January 2013

Awards for excellence 2012: Best debt house in South Africa
July 2012

Private banking and wealth management awards 2012: South Africa
February 2012

Awards for excellence 2011: Best debt house in South Africa
July 2011

Awards for Excellence 2009: South Africa 
July 2009

African banking: Barclays and Absa fall out over bank sales 
April 2008

South Africa’s central bank governor says Barclays and Absa cultures had yet to gel
April 2007

South Africa: Slogans and credit cards 
September 2006

The banks in play in European M&A 
November 2005

South Africa: Banks tempt foreign players 
September 2005

Banks face up the growth ceiling 
September 2002

Can the local banks hold on? 
September 1998

Gearing up for growth 
September 1997

Facing up to the foreigners 
September 1996