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

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 ...

Having overtaken Standard Bank Group’s market capitalisation earlier this year, Capitec Bank is within touching distance of ...

Johannesburg - Momentum, an insurance, retirement, investment and health company, provided some light after its parent company, FirstRand Group, posted subdued results, at least by its own standards.

Bank of America, the second-largest bank in the world by market cap, remains positive on Investec’s prospects for the coming ...

Under Kirsh's leadership, Primedia expanded its reach and influence, investing in a diverse array of media companies.

South Africa's banks are bracing for further economic turmoil, which could dent their trade finance revenues and expose their ...

FirstRand Group has a complement of 39 496 in South Africa. According to the latest available remuneration report, which covered the year ended 30 June 2024, FirstRand CEO Mary Vilakazi ...

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 ...

as the top cash cow for the diversified financial services group. FNB contributes the largest portion to FirstRand profit. However, in the financial year to June, FirstRand said RMB lifted net ...

Close and FirstRand have set aside 165 million pounds ($221.61 million) and 140 million pounds, respectively, to cover potential claims, while Lloyds Banking Group LLOY.L has earmarked 1.15 ...