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WATCH: How Covid-19 sent Absa’s earnings sliding

Financial director Jason Quinn talks to Business Day TV about the bank’s performance

25 August 2020 - 07:24 Business Day TV
The Absa Group headquarters in Johannesburg. Picture: GETTY IMAGES/WALDO SWIEGERS
The Absa Group headquarters in Johannesburg. Picture: GETTY IMAGES/WALDO SWIEGERS

Covid has hit Absa hard, with the bank’s credit impairments nearly quadrupling during its first half.

This has led to an 82% fall in earnings.

Business Day TV spoke to Absa financial director Jason Quinn for his take on the numbers.

Financial Director of Absa Jason Quinn talks to Business Day TV about the bank's performance

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