Firstrand’s first half normalised earnings up 26%
Firstrand’s first half normalised earnings up 26%, principally driven by strong top-line growth. FirstRand Limited reported results for the year to six months to December 2011. Against a mixed macro...
View ArticleStrong growth in earning and returns continues at Firstrand
FirstRand Limited (FirstRand) reported results for the six months to December 2012 with its portfolio of leading financial services franchises producing a strong performance. Highlights Normalised...
View ArticleSA’s banks focus on growth in Africa
The financial results of South Africa’s four major banking groups (Barclays Africa Group Limited, FirstRand, Nedbank and Standard Bank) for the year ended 31 December 2013 have remained positive amidst...
View ArticleFirst Rand limited produces strong performance
FNB, RMB and WesBank grew profits and produced returns on equity (ROEs) significantly above targets. The group’s strong transactional franchise continued to drive return on assets (ROA) up to 2.07%....
View ArticleFinancial results of SA’s major banks remain resilient despite a challenging...
South Africa’s major banks have performed well despite a challenging, complex and volatile operating environment. Combined headline earnings up 17.7%; average ROE of 18.2%; bad debt expenses down 2.4%;...
View ArticleHollard agrees to acquire Regent from Imperial Holdings
The Hollard Insurance Group, South Africa’s largest independent insurance group, together with its umbrella holding company, has agreed to acquire the Regent Group (comprising Regent Life and Regent...
View ArticleFirstRand Interim Results
FirstRand Limited (FirstRand) today reported results for the six months to 31December 2015. Financial highlights Normalised earnings grew 9% Diluted normalised earnings per share increased 10% Dividend...
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