ABSP fundamentals

ABSA Bank Ltd. engages in the provision of retail, business, corporate, investment banking, and wealth management products and services. It operates through the following segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, and Corporate and Investment Bank (CIB). The Product Solutions Cluster segment offers residential and vehicle finance solutions along with insurance products and services. The Everyday Banking segment covers the day-to-day banking services for the retail customer including the card, personal loans, and transactional and deposits. The Relationship Banking focuses on business banking services, commercial payments, and private wealth. The CIB segment provides corporate banking solutions. It is also involved in trading, sales and research activities. The company was founded in 1991 and is headquartered in Johannesburg, South Africa.