{"id":27812,"date":"2026-03-05T12:46:46","date_gmt":"2026-03-05T10:46:46","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=27812"},"modified":"2026-03-05T12:46:46","modified_gmt":"2026-03-05T10:46:46","slug":"sas-lender-firstrands-half-year-earnings-up-11-on-strong-revenue","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-lender-firstrands-half-year-earnings-up-11-on-strong-revenue\/","title":{"rendered":"SA&#8217;s lender FirstRand&#8217;s half-year earnings up 11% on strong revenue"},"content":{"rendered":"<div>South Africa&#8217;s (SA) FirstRand bank reported an 11% increase \u200bin adjusted half year earnings on Thursday, driven by \u200cstrong revenue growth, &#8220;excellent&#8221; contribution from non-interest revenue and improving credit performance.<\/div>\n<div><\/div>\n<div>Normalised earnings rose to $1.41 billion in the six \u200bmonths ended December 31, the bank, which \u200balso operates across markets in sub-Saharan Africa and \u2060Britain, said.<\/div>\n<div><\/div>\n<div>Net interest income before impairments, the difference between \u200bwhat it earns on loans and pays out on \u200bdeposits grew 8%.<\/div>\n<div><\/div>\n<div>The improvements were driven by strong \u200bfee and commission income growth in the retail business \u200band a strong recovery in global markets business at the bank&#8217;s \u200ccorporate \u2060arm, it said.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":27813,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-27812","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"FirstRand bank reported an 11% increase","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27812\/revisions"}],"predecessor-version":[{"id":27814,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/27812\/revisions\/27814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/27813"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=27812"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=27812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}