FirstRand has posted a 10% rise in interim normalised earnings. SA’s biggest lender by market value, said its portfolio performed better than initially expected mainly due to the stronger overall credit performance driven by retail credit in SA trending ahead of expectations and a stronger credit outcome in the UK operations. Business Day TV unpacked the performance with Group CEO Mary Vilakazi.
WATCH: FirstRand CEO Mary Vilakazi on better-than-expected results
Business Day TV speaks CEO of FirstRand, Mary Vilakazi
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