FirstRand Group - Key facts

FirstRand is one of the largest financial institutions in South Africa:
Figures for the six months ended 31 December 2008 are as follows:

Assets under Management

R1035bn

$110bn

 

Normalised Net Asset Value

R53.5bn

$5.7bn

 

Normalised Earnings

R4.6bn

$0.52bn

 
ROE 17%

Conversion rate as at 31 December 2008
Income statement - $1 = R8.77
Balance sheet - $1 = R9.38

 

The group employs 43 510 people and has a retail franchise footprint of 704 branches and 5250 ATM'S in Southern Africa as well as 110 000 card acceptance "Point of Sale" devices.

The FirstRand group is one of the top 10 listed companies of the JSE Securities Exchange


 


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