New entrants have identified the 'high-quality profit pools' where the group has built strong market share, and 'have started ...
Germany’s development finance institution DEG, France’s Proparco and the Netherlands’ FMO have jointly provided a $300mn ...
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 ...
Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer. South Africa’s biggest bank by customer numbers, ...
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 ...
JOHANNESBURG (Reuters) - South Africa's FirstRand Ltd has appointed Sizwe Nxasana, head of its core banking unit and a former chief of telecoms firm Telkom, as its new chief executive. Nxasana will be ...
African banks spent at least $537m on expansion deals in 2025, based on disclosed transactions, as the continent’s largest ...
Energy deal set to accelerate Nigeria’s gas transitionRand Merchant Bank (RMB), a subsidiary of the FirstRand Group and a leading corporate and investment bank, has successfully closed a landmark $285 ...
NAIROBI (Reuters) - South Africa's FirstRand Bank plans to acquire a mid-sized Kenyan bank when the opportunity arises to boost its presence in the largest economy in one of the fastest-growing ...