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Absa said yesterday it expected its earnings for the six months to the end of June to surge tenfold compared with last year because of lower credit impairments as the bank recovers from the fall-out of the Covid-19 pandemic. Photo: Supplied
Absa on recovery road as it eyes ten-fold hike in interim earnings
By Sandile Mchunu
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DURBAN - BANKING group Absa said yesterday it expected its earnings for the six months to the end of June to surge tenfold compared with last year because of lower credit impairments as the bank recovers from the fall-out of the Covid-19 pandemic.
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