About the company: FirstRand Ltd [JSE:FSR]

Founded in 1998, FirstRand's roots stem back to the 1970s when three entrepreneurs formed an investment bank. It's one of the Johannesburg Stock Exchange's Top 40 companies…

Full name: FirstRand Limited
Short name: Firstrand
Ticker: FSR
Sector: Banks – banks

Five top facts about FirstRand

Fact #1:
FirstRand employs over 38,500 people working in 44 countries in its banks, branches or representative offices. The majority of its operations are in Africa.

Fact #2:
FirstRand has a listing on the Johannesburg Stock Exchange under ticker FSR. It is one of the big four banks in South Africa.

Fact #3:
FirstRand has four main business divisions. These are:

• FNB: Its retail and commercial division;
• RMB: Its corporate and investing banking division;
• Wesbank: Its instalment finance division; and
• Ashburton Investments: Its investment management division.

Fact #4:
FirstRand is the only South African bank with a branch in India. FirstRand also has a representative office in Shanghai to help with investment flow from the region. This opened in 2007.

Fact #5:
FirstRand’s investment management arm, Ashburton Investments, has its headquarters in Jersey. This is one of the Channel Islands. Financial services make up over 40% of its revenue.

Chart of FirstRand’s share price

Financial information

For more financial information about FirstRand, click here.


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Tags: firstrand, fsr, jse, johannesburg stock exchange, stocks, shares