FirstRand Ltd (FST.NM)
24 Apr 2017
WINDHOEK, March 24 South Africa bank FirstRand's Namibian unit has secured regulatory approval to buy out a fund manager, it said on Friday, as part of the lender's stated plan to bulk up in the southern African nation.
JOHANNESBURG, March 9 South Africa's biggest lender by value, FirstRand, reported a 14 percent rise in half-year profit on Thursday, helped by a strong showing at its auto finance unit.
JOHANNESBURG South African lender FirstRand said on Monday suspicions of money-laundering lay behind its decision to cut ties with a business family linked to allegations of influence-peddling in President Jacob Zuma's government.
JOHANNESBURG, Nov 8 South Africa's big four banks will see a rise in problem loans in the next 12 to 18 months as the economy struggles to grow, but this poses only a moderate risk to profits, ratings agency Moody's said on Tuesday.