Absa Group (Absa Group) Total Deposits : $70,619 Mil (As of Jun. 2023)

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What is Absa Group Total Deposits?

Absa Group's annual total deposits increased from Dec. 2020 ($69,682 Mil) to Dec. 2021 ($73,861 Mil) but then declined from Dec. 2021 ($73,861 Mil) to Dec. 2022 ($71,870 Mil).

Absa Group Total Deposits Historical Data

The historical data trend for Absa Group's Total Deposits 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.

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Absa Group Total Deposits Chart

Absa Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Deposits

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54,757.67

65,524.91

69,682.03

73,860.78

71,870.31

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
Total Deposits	Get a 7-Day Free Trial															79,438.59	73,860.78	76,734.43	71,870.31	70,619.37

Absa Group Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Absa Group (Absa Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absa Group Ltd (OTCPK:AGRPY) » Definitions » Total Deposits

Comparable Companies

Traded in Other Exchanges

ABG:South Africa AGRPF:USA AU61:Germany

Address

15 Troye Street, 7th Floor, Absa Towers West, PO Box 7735, Johannesburg, GT, ZAF, 2000

Website

https://www.absa.africa

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

From GuruFocus

Unraveling Absa Group Ltd's Dividend Performance and Sustainability

By GuruFocus Research • 09-13-2023