Andile Kenneth Fihla
CEO & Govt Director
Good morning, and thanks for becoming a member of us for Absa’s pre-close name for the primary half of 2026. I’ll make a couple of introductory feedback on the place we’re as a bunch, the momentum we see in our buyer franchise and the working setting. And thereafter, Deon will share our monetary steering, after which we’ll discipline your questions.
Firstly, 2026 is a important transition yr for Absa. Our new working mannequin is in place, and we’ll report 3 Pan-African enterprise items for the primary time in addition to on South Africa and Africa area foundation. We’ve made vital progress on key appointments with management of all of the enterprise items in place. These new leaders will want time to refine their methods, construct out their groups and execute towards their plans. I’ve nice confidence within the caliber of those senior appointments, which set us up properly to speed up momentum over the medium to long run.
Secondly, our enterprise fundamentals are robust, with encouraging buyer traits and a wholesome pipeline throughout the franchise. Within the first 5 months, our Company and Funding Banking consumer income grew by excessive single digit year-on-year with robust development in funding banking and world markets particularly. Transactional banking consumer development will take longer to construct, however we have began to see some massive wins, which is encouraging and can present momentum
