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 ...
Johannesburg - FirstRand [JSE:FSR], South Africa's second-largest bank by market value, reported a 9% rise in first-half profit, helped by an increase in loan demand and a decline in bad debts, ...
and African Bank Investments [JSE:ABL] (21%). FirstRand has been involved in a number of corporate transactions recently, which has realised value some value for shareholders. This includes the ...
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 ...
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 ...
Johannesburg - FirstRand, Africa’s biggest bank by market value, posted an increase in fiscal full-year profit. Net income rose to R22.6 billion ($1.61 billion) in the 12 months through June ...
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 ...
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 ...
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 ...