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FirstRand plans to build its west African business by financing regional infrastructure projects and increasing investments in Nigeria, according to Michael Larbie, the chief executive of the bank ...
JOHANNESBURG (Reuters) - FirstRand's Sizwe Nxasana plans to expand ... "We are going to be focusing a lot more on Africa, on building franchises in the continent," he said. "You cannot ignore ...
The building has 34 floors including basement and podium parking. Portside is a joint venture between FirstRand Bank [JSE:FSR] and Old Mutual [JSE:OML] and is the provincial headquarters of the ...
FirstRand said on Monday it agreed to buy all of Aldermore ... “We can fund this entire transaction with existing cash resources,” Pullinger said. “We’ve been building up a lot of surplus capital. We ...
Building up a deposit base is central to its retail banking strategy and FirstRand Bank has already launched a savings product that offers the best interest rate in the market. Madhav says without ...
FirstRand co-founder and chairman of the group, said he was "sure Burger and his team will continue [building on Nxasana's] legacy".story_article_left1Dippenaar said he believed Nxasana was the ...
Burger said: “This transaction is the latest step in FirstRand’s strategy of protecting and building shareholder value by achieving a more diversified revenue profile and we believe it will ...
FirstRand Ltd. opted to forgo high loans growth and went instead for low- and medium-risk customers. Its credit loss ratio, a measure of bad loans as a percentage of the total book, climbed to 78 ...