To make loans more accessible and affordable for small and medium enterprises (SMEs), IFC has set up a risk-sharing facility ...

South African financial services provider FirstRand Group has chosen Fiserv's cloud-based banking platform, Finxact. Finxact ...

Muneer Ismail, formerly HSBC South Africa's CEO, will take up the position as FirstRand Group Executive: corporate and enterprise banking, on July 1, 2025. He will be a FirstRand Stratco member ...

Johannesburg - Earnings at JSE-listed financial services firm FirstRand [JSE:FSR] have stabilised, but the group warned investors its outlook remained uncertain. Posting annual results to end-June ...

Of South Africa’s five biggest banks, only Nedbank Group discloses the proportion of its assets exposed to carbon-related assets, the CER said. After being quick to recognise the risks of climate ...

FirstRand Group signs for Finxact from Fiserv Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the ...

FirstRand already has institutions on the share ... Bee Partners, LLC and The Vanguard Group, Inc. are the second and third largest shareholders. Our studies suggest that the top 25 shareholders ...

Other changes to the senior leadership include the appointment of Jacques Celliers, CEO of FirstRand's FNB division or its South Africa-focussed bank, to executive in the group's fintech strategy.

FirstRand Bank, one of South Africa's largest banking institutions, has completed a groundbreaking project to consolidate four separate data centres at its Sandton Merchant Place Campus into one ...

Analysts said the appointment of Nxasana, who has been at the helm of FirstRand Bank for more than three years, signalled continuity at South Africa's No. 2 banking group. "Sizwe has been a decent ...

FirstRand has the lowest NPL ratio of the major ... 124 basis points below the average NPL ratio for the majors as a group. The low NPL ratio is partially indicative of the bank's prudent lending ...