FirstRand Ltd (FSRJ.J)
18 Sep 2020
Thu, Sep 10 2020
* Says crisis will weigh on profit for some time (Recasts on dividend, adds shares)
JOHANNESBURG, June 4 South African lender FirstRand said on Thursday its full-year profits were likely to be more than 20% lower than in 2019 due to falling revenues and a spike in bad debts, pushing its shares down almost 2.5%
JOHANNESBURG, June 4 South African lender FirstRand said on Thursday its full-year profits were likely to be more than 20% lower than in 2019, due to a spike in bad debts and falling revenues.
April 24 South African lender FirstRand Ltd on Friday withdrew its financial performance outlook for the year against the backdrop of the coronavirus crisis and related restrictions.
* WITHDRAWAL OF FINANCIAL GUIDANCE FOR THE YEAR TO 30 JUNE 2020
JOHANNESBURG, April 11 Top bosses of South Africa's FirstRand will take a one-third pay cut for three months, with the money to go to its fund focused on boosting critical healthcare capacity in the country in the coronavirus crisis, the bank said on Saturday.