ABSA | Barclays PLC Sell Down
Here at Absa, we’re about to take an exciting step towards unlocking our destiny on the continent. Our UK holding company, Barclays PLC, is selling some of their shares to investors, offering us the opportunity to grow a truly African bank. So, if you have any questions as the sell-down progresses, this is where we’ll answer them.
And the best bit about this? You don’t need to do anything except carry on with your banking the same way you always have, as we work to make your experience even better. So, although we’re changing the structure of the business, we’ll make sure that you continue to prosper.
FAQs:
- What does the sell-down mean for Absa?
- How is our business structured?
- What is the Barclays sell-down?
- Why is Barclays PLC selling shares in Barclays Africa?
- Is my bank going to close?
- Is my money going to be safe?
- How will the sell-down impact me?
- Who owns Barclays Africa Group now?
- Why are you closing some branches?
- Should I withdraw my money?
- Will the IT systems and online banking security be affected?
- Will this cause any job losses?
- What should I do about the sell-down?