ARTICLES RELATING TO FIRSTRAND

FirstRand commits to disclosing fossil fuel exposure

2019-11-28 13:19

FirstRand Ltd., Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors.

FNB could become a Chinese takeover target – but not any time soon

2019-11-21 17:52

A RMB Holdings and Remgro announcement opened the door for a suitor.

Ex-Sanlam exec appointed CIO at Ashburton Investments

2019-10-11 15:00

Patrice Rassou, former head of equities at Sanlam Investment Managers, has been appointed Chief Investment Officer at Asburton Investments, the asset management arm of FirstRand.

What Africa’s key central banks will discuss in the next 10 days

2019-07-16 13:37

Central banks in sub-Saharan Africa’s key economies will take direction from US Federal Reserve Chairman Jerome Powell when they make calls on interest rates in the next 10 days.

Eskom should weigh selling its crown jewels, FirstRand CEO says

2018-12-07 10:54

The power utility should consider selling two coal-fired plants that rank among the world’s biggest to help repair the state-owned utility’s finances, according to the head of SA’s biggest bank by market value.

FirstRand urges Ramaphosa to shun populism

2018-10-05 05:15

The government has adopted certain populist policies that the country cannot afford, according to FirstRand chairperson Roger Jardine.

FirstRand's new debt-investment fund to raise R1bn

2018-06-01 20:27

FirstRand’s Ashburton Investments is starting a new debt-instrument investment fund, as it seeks to take advantage of lending gaps and opportunities in the south of the continent.

FNB to enter short-term insurance market

2018-03-19 14:34

The Financial Services Board has awarded FirstRand, the parent company of First National Bank, a short-term insurance license.

FirstRand’s acquisition of UK-bank to help free up funding

2017-11-16 07:00

FirstRand plans to integrate its UK business segment into its acquisition of UK bank Aldemore, which will help free up funding and liquidity capacity of the bank.

FirstRand takes on Britain's biggest banks with R20bn takeover

2017-11-07 07:42

FirstRand plans to take on Britain’s biggest banks with the takeover of Aldermore Group as growth in its home market stutters.

 

Africa’s biggest bank is in play. Does anyone want it?

2019-11-21 20:33

FirstRand, Africa’s biggest bank by market value, just became a possible takeover target - at a time when potential buyers are scarce.

RMB Holdings plans to distribute R130bn FirstRand stake to shareholders

2019-11-20 08:48

The financial services holding company has a 34% stake in FirstRand.

FirstRand to continue funding some coal projects, but aims for disinvestment

2019-10-08 17:30

The group's chair says it will limit new coal financing to below 0.5% of total loans and advances.

FirstRand takes a leaf from Amazon's book to capture consumers

2018-12-10 08:54

FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.

Fitch confirms ratings of SA's major banks at notch below investment grade

2018-11-16 13:25

Ratings agency Fitch has kept the ratings of five of SA's major banks at BB+ with a stable outlook.

Banks weigh new fund to boost black farm ownership

2018-08-29 10:22

Banks are in talks to start a joint fund that could be used to accelerate the transfer of land to black people as they seek to protect billions of rand in assets tied up in farm loans.

Moody’s keeps ratings of SA’s big 5 banks at investment grade

2018-03-27 19:04

Ratings agency Moody’s has kept the ratings of SA’s big five banks at investment grade.

FirstRand head Johan Burger to retire

2018-02-27 14:25

FirstRand has announced that its group CEO Johan Burger is to retire soon, with his deputy Alan Pullinger set to become the new head of the financial services provider.

SA banks prepare for the worst as junk rating looms

2017-11-14 09:13

South African banks are preparing for the worst when it comes to the threat of another downgrade of the country’s debt.

SA banks rein in lending as economy stutters

2017-09-08 12:18

South Africa’s four biggest banks, pummelled by political wrangling and enmeshed in economic malaise, are increasingly shying away from their main role: lending.

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.