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Absa Group (Absa Group) Net Loan : $66,715 Mil (As of Jun. 2023)


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What is Absa Group Net Loan?

Absa Group's quarterly net loan declined from Jun. 2022 ($73,369 Mil) to Dec. 2022 ($70,220 Mil) and declined from Dec. 2022 ($70,220 Mil) to Jun. 2023 ($66,715 Mil).

Absa Group's annual net loan increased from Dec. 2020 ($65,003 Mil) to Dec. 2021 ($70,220 Mil) and increased from Dec. 2021 ($70,220 Mil) to Dec. 2022 ($66,715 Mil).


Absa Group Net Loan Historical Data

The historical data trend for Absa Group's Net Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Absa Group Net Loan Chart

Absa Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Loan
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59,283.88 67,816.68 65,003.43 68,731.72 70,219.85

Absa Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Loan Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74,505.54 68,731.72 73,368.64 70,219.85 66,715.14

Absa Group Net Loan Calculation

Total loans on banks' book. These are the fund that banks have lent out. The loans contribute to banks' income. Some borrower of the loans may stop paying their payment. In this case, the loan is called non-performing loans.

Loans can be divided into residential loans, commercial loans or consumer loans. Peter Lynch loved


Absa Group (Absa Group) Business Description

Traded in Other Exchanges
Address
15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000
Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.

Absa Group (Absa Group) Headlines

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