Johannesburg - Absa Group [JSE:ASA] and its majority shareholder Barclays said on Monday they would combine services on the rest of the continent as part of its "one bank in Africa" strategy.
From July this year, the head offices of Absa Africa and Barclays Africa will be combined and a new regional office will be opened in Johannesburg.
"Together with our majority shareholder, Barclays, we have been exploring ways to leverage the significant potential of their combined African businesses with the view to providing our customers and clients with a more holistic service on the continent," Absa said.
Absa said the aim was to align their businesses to better serve clients.
From July this year, the head offices of Absa Africa and Barclays Africa will be combined and a new regional office will be opened in Johannesburg.
"Together with our majority shareholder, Barclays, we have been exploring ways to leverage the significant potential of their combined African businesses with the view to providing our customers and clients with a more holistic service on the continent," Absa said.
Absa said the aim was to align their businesses to better serve clients.