trending Market Intelligence /marketintelligence/en/news-insights/trending/zV_Zvjnvu0yI6PrjsH6w8w2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

FirstRand sets sights on M&A opportunities outside South Africa

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

Blog

Banking Essentials Newsletter: May Edition, Part-2


FirstRand sets sights on M&A opportunities outside South Africa

FirstRandLtd. Chairman Laurie Dippenaar indicated that the SouthAfrica-based bank is looking at acquisition opportunities in other Africannations, including Nigeria.

"We believe that asset prices in jurisdictions, such asNigeria, have recently become much more realistic and we feel more comfortableto look for opportunities to deploy shareholder capital for acquisitions toassist us in scaling up our operations," Dippenaar said in the bank'sannual report published Oct. 4.

The chairman also said FirstRand's M&A strategy is bothorganic and acquisitive.