FirstRand is preparing to exit its UK consumer finance business, saying it will work towards an “orderly ownership transition” of Aldermore Group after a sharp increase in expected compensation costs ...
Says provision is almost three times more than the profit it extracted from over a decade of motor-finance activities in the ...
FirstRand has deepened its recent bet on AI fintech Optasia, spending R1.48-billion to lift its stake to 26.1%.
Good morning, everyone, and welcome to the FirstRand's Annual Results Presentation for the year ended June 2025. Let's start with the operating environment. The macroeconomic environment over the last ...
Good morning, everyone. Welcome to FirstRand's results presentation for the 6 months ended 31st December 2025. I'll start with the -- I'll start the presentation with an overview of the group's ...
FirstRand has hired Bank of America and its own investment-banking arm, Rand Merchant Bank, as advisers to help it sell its ...
I'd like to thank the employees across the FirstRand Group for your diligent efforts in looking after our businesses and ensuring that the group executes on its vision of delivering shared prosperity ...
Earnings call FirstRand reported 11% normalized earnings growth for H1 2026, with ROE nearing the top of its 18%-22% target range and a 26% increase in net income after cost of capital. Management ...
South African financial services provider FirstRand Group has chosen Fiserv's cloud-based banking platform, Finxact. Finxact will provide FirstRand Group with improved data to drive its digital ...
Fiserv, Inc. (NYSE: FI), a provider of payments and financial services tech, announced the FirstRand Group will become the “first” financial institution outside of the U.S. to commission Finxact from ...
The UK’s financial regulator is moving closer to finalising a consumer compensation scheme for motor finance customers, including those of the FirstRand group, with payouts expected to begin in 2026.
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