FirstRand Limited · Sandton, Gauteng South Africa ·(German: FSR)
Company Description
4 Merchant Place, 4th Fl. Corner Fredman Drive and Rivonia Rd.
Sandton, Gauteng
2196
South Africa
(Map)
Phone: +27-11-282-1808
Fax: +27-11-282-8088
Rankings
- #473 in FT Global 500
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This link will open in a new window FirstRand knows firsthand about financial services and insurance. The company's FirstRand Bank Holdings operates FirstRand Bank and First National Bank in southern Africa, as well as asset financing firm WesBank and investment bank Rand Merchant Bank. Another of FirstRand's wholly owned subsidiaries, Momentum Group, houses asset management, employee benefits, and insurance operations. Majority-owned Discovery Holdings provides life and health insurance. FirstRand Limited owns and operates more than 750 branches and about 5,000 ATMs in South Africa, Botswana, Lesotho, Namibia, and Swaziland. It also has a presence on every continent except Antarctica. To read the full description, subscribe now.
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Key FirstRand Limited Financials
| Company Type | Public - German: FSR Headquarters |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $55,009.0 |
FirstRand Limited Executives
19 executives listed for FirstRand Limited's Sandton, Gauteng location.
| Title | Name & Bio | Contact |
| Chairman | Lauritz Dippenaar | Network |
| CEO, FirstRand Banking Group | Sizwe Nxasana | Network |
| CEO | Paul Harris | Network |
Competition
Competitive Landscape for FirstRand Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top FirstRand Limited Competitors
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