The Citizen e-edition

Absa expects profit to double

Absa expects annual profit to more than double in the year to 31 December, it said yesterday, citing cost controls and lower bad debts.

In 2020 the bank reported headline earnings per share of 730.9 cents. It said it will give the expected range for 2021 soon.

One of South Africa’s top four banks, Absa is bouncing back from the pandemic. –

BUSINESS

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2021-12-04T08:00:00.0000000Z

2021-12-04T08:00:00.0000000Z

https://thecitizen.pressreader.com/article/282299618453336

The Citizen