Absa Group takes over Barclays in Africa; no change of services in Seychelles

At present and until 2020, the bank continues to trade under the Barclays brand in Seychelles. (Joe Laurence, Seychelles News Agency)

Photo license

(Seychelles News Agency) – The name of Barclays Africa Group officially changed to Absa Group but the daily operation, services and products offered by Barclays Bank Seychelles will not be affected, said the general manager.

"Although the name of our mayor company has changed today, our Customers can keep their trust and continue to do business with us as they have always done, "said Johan Van Schalkwyk at a press conference on Wednesday.

M. Van Schalkwyk said: "We are here to stay, working with all our partners to develop the best for Seychelles and we remain committed to providing mutual benefits to our customers, our communities and our countries."

Director General of Barclays Bank Seychelles added that the name change marked the beginning of a new era for the group because Absa is an autonomous African banking group with deep roots on the continent and over 100 years of business. experience in the African banking sector.

"At this moment, we will continue trading under the Barclays mark in the Seychelles even though the name of our mayor's house has changed to Absa Group

The name of the bank will only be changed by 2020, because the transformation and creation of our new image will be done in phases where the blue color of the group Barclays [1 9459009] will become red for the Absa group

Barclays Seychelles' chairman, Jean Weeling Lee, said the name change would make it easier for the Seychelles bank, a group of 115 islands in the western Indian Ocean

M. Weeling Lee said that with this change, the Barclays bank in Seychelles will be different from other banks in the island nation and serve as an example to other local banks.

Image change was part of of an agreement dating from May of last year that saw Barclays based in the United Kingdom selling Barclays Africa Group Limited to the South African group Absa. [19659005]Mrs. Maria Ramos, Executive Director of Absa Group, said: "Our new brand is the expression of our new group identity as an autonomous African bank in the digital age.