"We also tried to favour secure lending - which is really vehicle and home finance. We didn't want to push unsecure lending like personal loans, credit cards, temporary loans…and it's really played ...

If the payments aren't sustainable, a high yield for a few years won't matter that much. FirstRand has a long history of paying out dividends, with its current track record at a minimum of 10 years.

IFC to guarantee 50% of FirstRand’s $100M SME lending program • Focus on women-led and climate-related businesses under 60M rand turnover • Initiative aims to ease access to credit through simplified ...

Just take a look at FirstRand Limited (JSE:FSR), which is up 38%, over three years, soundly beating the market return of 16% (not including dividends). However, more recent returns haven't been as ...

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

South Africa might not secure a quick exit from the global financial ... the incoming chief executive officer at FirstRand Ltd., the biggest bank in Africa by market value.

FirstRand Ltd. is looking to purchase other African banks in countries where it operates as the continent’s biggest lender by market value seeks to expand. Potential targets for acquisitions may ...

JOHANNESBURG, Oct 25 (Reuters) - South African lender FirstRand (FSRJ.J), opens new tab will appeal to the UK's Supreme Court a London court ruling that motor finance brokers must fully inform ...

JOHANNESBURG, Feb 29 (Reuters) - South Africa's FirstRand Ltd (FSRJ.J), opens new tab expects to generate earnings in the second half that are similar to the first half, which rose by 6% ...

It operates through the following business segments: FNB, RMB, WesBank, Aldemore, FCC and Other, FirstRand, RMH Property, and Other. The FNB segment represents the retail and commercial activities ...

The increase in its retail debt counselling portfolio means potentially higher default rates that could hurt its credit loss ratio. Banking giant FirstRand has expressed concern that debt review ...