United Bank Group of South Africa Limited (amassed banks of South Africa Group Limited, ABSA Group Ltd.) was established in 1991. It was formed by the merger of the original four banks in South Africa. In the first seven years after the merger, the four banks participating in the merger still operated in their original names, and the name and logo of ABSA bank were officially used in October 1998. In 2000, ABSA became the second most popular bank in South Africa. ABSA bank Provide a series of capital supply services for the export of equipment and related services.