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Tag: ABSA

Absa Bank Botswana launches NovoFX app

Absa Bank Botswana launches NovoFX app

The upgraded mobile app has modern design & aesthetics making it attractive. As the world rapidly moves into the digital world, Absa Bank Botswana is also poised to meet its customer needs. 27 July 2020, Botswana – Recently, Absa Bank Botswana launched its flagship mobile phone forex exchange buying app called Nov FX. The app simplifies and make it seamless to buy foreign exchange (forex) and make cross border payments from a mobile phone. “We are constantly innovating to meet the transactional needs of our customers which allows them to bank anywhere, at their own time. Botswana has one of the highest mobile phone penetrations in the world at 150%, which offers Absa the opportunity to continue deploying new products offerings through channels ...

Absa celebrates substantial completion in Separation from Barclays

Absa celebrates substantial completion in Separation from Barclays

. Unites as a single brand across  African footprint. . Achieves one of the biggest banking rebrands on the continent to date. Absa Bank Botswana’s parent company, Absa Group Limited announced the substantial completion of critical projects on its Separation journey. Following Barclays PLC’s decision to sell down its controlling stake in Barclays Africa Group Limited in 2016 the bank was permitted to continue using the Barclays brand during the June 2017 to June 2020 transition period. The banking group marked the end of this component of the Separation journey on 5 June 2020 with the official name change to Absa in Botswana and across all Absa Group subsidiaries on the continent earlier this year. “As a unified African brand, we have never been more ready to become a self-sufficient bank of the future,” says Keabetswe Pheko-Moshagane, MD of Absa Bank Botswana. “We are now able to own and control our processes and ...

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