HomeHome SearchSearch MenuMenu Our productsOur products

About the company: FirstRand Ltd [JSE:FSR]

by , 04 June 2015

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


Chart of FirstRand's share price


Financial information


For more financial information about FirstRand, click here.

*********** Hot off the press ************

Secrets to running a successful business…

  • How to get government to pay for your business and NEVER pay them back
  • What the South African government can teach you about running a bad business
  • Three ways to protect your business from being eaten alive by predators
  • Four things THESE psychos can teach you about business
  • Four essential elements of a good marketing plan

Click here for more details…

*************************************



About the company: FirstRand Ltd [JSE:FSR]
Rate this article    
Note: 4.25 of 4 votes

Related articles



Related articles




Trending Topics