News

FirstRand Ltd. is looking to purchase other African banks in countries where it operates as the continent’s biggest lender by market value seeks ... Thursday at the bank’s headquarters in ...
FirstRand, Africa's largest bank by market value, reported a 38% drop in full-year profits on Thursday after it increased provisions to cover bad debts related to the coronavirus crisis by 15.2 ...
For me my starting point is what is it that will create shareholder value?…it’s not about shopping further,” Molebatsi said. FirstRand had been negotiating with Sterling Bank secretly ...
Having overtaken Standard Bank Group’s market capitalisation earlier this year, Capitec Bank is within touching distance of ...
Close Brothers' total capital ratio rose by 80 basis points to 18% in the quarter to the end of April, as it bolstered its finances pending a ruling that may force the bank and others to pay out ...
JOHANNESBURG—The International Finance Corporation said Monday that it will invest $172.5 million in FirstRand Bank Ltd., boosting ... our capacity to extract value in the rest of Africa ...
FirstRand Ltd., Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors. A ...
Africa’s biggest bank by market capitalization, FirstRand Limited has written-off about 57 percent in the value of its holdings in Ghanaian bonds. The development comes on the back of Ghana’s ...