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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.

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About the company: FirstRand Ltd [JSE:FSR]
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