What is Absa Group Ltd ADR?
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship, and transactional banking services; mobile payments; and savings and investment products and services. The company is listed on the PINK in USA, operating in the Financial Services sector, with a market capitalisation of 11.12B, and a P/E ratio of 8.4x.
A short list of Banks - Regional names that are close enough in size to make side-by-side comparison useful.