FirstRand Interim Profit Rises to Record as Loans, Fees Climb

FirstRand Ltd.’s interim profit rose to a record as Africa’s biggest bank by market value earned more from fees and commissions and as growth in loans boosted revenue.

By Adelaide Changole · Bloomberg Markets

FirstRand Ltd.’s interim profit rose to a record as Africa’s biggest bank by market value earned more from fees and commissions and as growth in loans boosted revenue.