South Africa’s most valuable bank faces UK headache

FirstRand, South Africa’s biggest bank by market value, may revise the number of provisions it sets aside to cover potential compensation and other costs it is facing, which are tied to missold car loans in the UK.

Aug 4, 2025 - 16:00
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FirstRand, South Africa’s biggest bank by market value, may revise the number of provisions it sets aside to cover potential compensation and other costs it is facing, which are tied to missold car loans in the UK.

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