Barclays Bank (91香蕉视频) Limited officially becomes Absa Bank (91香蕉视频) Limited |10 February 2020
Barclays Bank (91香蕉视频) Ltd is now officially Absa Bank (91香蕉视频) Ltd (Photos: Thomas Meriton)
Absa Bank (91香蕉视频), a subsidiary of Absa Group Limited, has received the licence to operate and trade under its new name from the Central Bank of 91香蕉视频.
Formerly known as Barclays Bank 91香蕉视频, the name change marks the start of a new era for the bank鈥檚 operations, one that sees the realisation of an ambition to become an independent African bank.
鈥淭oday (February 10, 2020) we begin a new chapter as Absa Bank 91香蕉视频, adopting our parent company鈥檚 name and brand while retaining our indelible commitment to 91香蕉视频 and its people. Our new brand is a commitment to 91香蕉视频 and to the wider continent: Absa is a truly African bank, with global scalability and reach,鈥� said Johan Van Schalkwyk, managing director of Absa Bank 91香蕉视频.
The company, which has been operating in 91香蕉视频 for over 60 years, reiterated its commitment to the country鈥檚 growth and economic development under the Absa brand.
鈥淲e have invested in crucial sectors of development of the national economy, including trade, agriculture, SMEs, infrastructure and investments. We will continue to play a critical role by investing in these sectors without neglecting the ordinary citizen who seeks quality financial services and safe investments for their hard-earned money,鈥� said Mr Van Schalkwyk.
For customers, there will be no change to their account details and there will be no fee changes associated with the name change. The bank鈥檚 branches will continue to operate as usual.
From today, Monday February 10, 2020, all new cards and chequebooks will be issued under the Absa brand. Barclays branded cards will continue to work as normal until their date of expiry.
Customers are being urged to be particularly vigilant during this time, as fraudsters are always looking for opportunities to obtain important personal information.
Mr Van Schalkwyk reaffirmed that the bank would remain a significant player in the banking and financial services sector in 91香蕉视频 and a contributor to 91香蕉视频鈥� economy.
鈥淎s Absa, our ambition is to become a digitally-led bank that is centred around the ever-changing needs of customers. We believe we have a role to play and intend to leverage digital technology to expand reach and access of financial services but also provide affordable services.鈥�
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