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When did you start trading as Absa?
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Who is Absa Group Limited? Who is Absa Bank Zambia parent company?
Absa Group Limited (‘Absa Group’) is Absa Bank Zambia PLC’s parent company and is listed on the Johannesburg Stock Exchange in South Africa. We’re one of Africa’s largest diversified financial services groups, offering an integrated set of products and services across personal and business banking, corporate and investment banking, and wealth, investment management and insurance. The Group has a presence in 12 African countries, and an international representative office in London and New York. We have approximately 40 000 employees, more than 1 000 branches, and approximately 10 000 ATMs.
The Group’s registered head office is in Johannesburg, South Africa and we own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique , Seychelles, South Africa (Absa Bank), Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia.
Historically, Absa started in South Africa, but the new Absa brand (which we’ve have officially adopted) represents a uniquely diverse African banking group whose purpose is to bring possibility to life.
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Why did you change from Barclays to Absa?
While Barclays continues to have a significant stake in our parent company, Absa Group, it’s no longer the majority shareholder and the Group has been working to separate its operations in Africa from those of Barclays PLC. We have already separated our Zambia operations from Barclays and we are now legally and officially Absa in Zambia. The rename gave us a great opportunity to roll-out a name and brand that reflects our identity in Africa and to unite behind a single brand and purpose which is to bring possibility to life.
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Why did you decide on Absa as the new brand?
We know how important a decision like this is, and, before coming to any conclusions, Absa Group consulted widely with employees, customers, regulators and other stakeholders across the continent. The outcome of these discussions was that the Group needed one brand to unite operations across Africa. The Absa brand is already well-established and well-known in parts of Africa, and has strong African and international banking credentials. We are excited to have begun a new era as Absa in Zambia.
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Do you still have a link to Barclays PLC, even now that you’ve rebranded to Absa?
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Can I have the same confidence in the Absa brand as I had in Barclays?
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Is my money safe with this bank?
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What has changed?
Our name has officially changed to Absa Bank Zambia PLC. In recent months, you may have seen us introduce a warm, vibrant red color palette across our branches and ATMs. This process will continue, and eventually all Barclays branding will be removed across our operations. There may still be some Barclays branding visible for the next few months, but we’ll remove all such branding by June-2020 at the latest, in line with our parent company’s agreement with Barclays PLC.
All customer services continue as before, and customers are encouraged to apply for newly-branded Absa cards and cheque books and download our updated mobile apps.
What has changed:
- Our banking site is now www.absa.co.zm
- Branch colleagues have stylish new uniforms reflecting our new warm, vibrant red color palette.
- Customers can look forward to new and innovative products and services from Absa Bank Zambia PLC.
What has not changed:
- Cards, accounts, cheque books etc. continue to work as normal.
- The look and feel of all channels (e.g. ATMs, internet banking, mobile banking and our official mobile banking app) has changed, but they work as usual.
- Our branches continue to operate as usual during normal banking hours.
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What do the recent changes mean for me as a customer? Do I need to do anything?
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Do these changes affect products and services?
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Have my bank charges/rates changed? Will my bank charges/rates change?
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You must have invested significant resources in the rebranding exercise. Will I be paying for this?
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Does my card/account/app, etc. still work?
Yes. Our name change has not affected the functionality of products or services. Your account and cards and existing banking platforms continue to work as they always have, although they now bear the Absa brand. We encourage you to apply for newly-branded Absa cards and cheque books, and download our updated mobile apps.
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Does my Barclays-branded card still work in the ATM and at branches and points-of-sale?
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Are there any additional transactional charges for using a Barclays-branded card in an Absa ATM or point-of-sale (POS) machine, and vice versa?
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Are you issuing new cards?
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Are you issuing new chequebooks?
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Do I have to change my account details?
No, our name has changed, but your bank details have not. You do not need to change your account details. We urge you to be vigilant at all times, as fraudsters are always looking for opportunity to obtain important personal information by masquerading as your bank. They may use our name change as an opportunity to ask you to change your details.
Such messages do not come from us – your bank account details (including account number and branch code) will not change.
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Does your name change affect the current loan agreement I have with Barclays
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Will there be staff changes now that you’ve changed? Can I still deal with the same tellers/branch manager I know?
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I can still see Barclays branding here and there. When will the change to Absa be complete?
Our legal change to Absa Bank was completed on 10 February 2020 and we are now officially known as Absa Bank Zambia PLC. There may still be some Barclays branding visible for the next few months, but we’ll remove all such branding by June 2020 at the latest, in line with our parent company Absa Group’s agreement with Barclays PLC.
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Why do I have both the Absa logo and Barclays wording visible in my monthly account statement?
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How long will this be visible for on my monthly account statement?
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If I suspect my account has been compromised, who should I call?
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What must I do if I receive an email or link asking me to provide my account details/ information?
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Who can I contact for more information?
If you have a specific query or have a question that has not been answered, you can call our toll free customer service team on 5950 (Airtel & MTN. Normal rates apply on ZAMTEL), speak to any of our branch employees, or visit www.absa.co.zm
Need more help?
Call us on:
+260 (211) 366100 (available Monday to Friday from 08:00-16:45)
5950 (Toll free)
Email us:
customerservice.zm@absa.africa