Absa to open 115 new outlets

Absa plans to spend R220million to launch 115 new outlets during the second half of this year, the bank said yesterday. "We are investing more than R220million in expanding our distribution network from July to December 2007 to ensure that banking services are more accessible, not only to the big cities but also in small, remote towns and villages," said Venete Klein, executive director of Absa Retail Bank. - Reuters

Absa plans to spend R220million to launch 115 new outlets during the second half of this year, the bank said yesterday. "We are investing more than R220million in expanding our distribution network from July to December 2007 to ensure that banking services are more accessible, not only to the big cities but also in small, remote towns and villages," said Venete Klein, executive director of Absa Retail Bank. - Reuters

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