FNB is perceived as one of Absa's biggest rivals. FNB is headquartered in Johannesburg, Gauteng, and was founded in 1838. Like Absa, FNB also operates in the Retail & Business Banking industry. FNB generates 16% the revenue of Absa.
Absa VS Nedbank
Nedbank has been one of Absa's top competitors. Nedbank was founded in 1888 in Sandown, Gauteng. Like Absa, Nedbank also works within the Retail & Business Banking field. Nedbank generates $9.8B more revenue than Absa.
The move mirrors broader efforts by South African banks to retain skilled staff. Absa and Standard Bank have increased their minimum salaries for 2025....