December 26, 2014 6:49 AM ET

Banks

Company Overview of First National Bank

Company Overview

First National Bank provides financial and credit services. It provides personal loans, credit cards, home loans, personal cheque accounts, student loans, and forex, as well as commercial, industrial, retail, and residential development finance. The company serves corporate, public sector, national government, provincial government, local government, and educational institutions. First National Bank was formerly known as Eastern Province Bank. The company was founded in 1838 and is based in Johannesburg, South Africa with an office in Cape Town, South Africa. It has a branch in Mumbai, India. First National Bank operates as a subsidiary of FirstRand EMA Holdings Limited.

6th Floor

1 First Place

First National Bank BankCity

Cnr Simmonds and Pritchard Streets

Johannesburg,  2001

South Africa

Founded in 1838

Phone:

27 11 369 1088

Fax:

27 11 371 2402

Key Executives for First National Bank

President of Banking Group and President of Banking Group for F N B Corp
Age: 49
President of the Pittsburgh Region
Age: 67
President of Maryland Region
Age: 41
Segment Head
Business Head of Gauteng - Ekurhuleni and Sedibeng
Compensation as of Fiscal Year 2014.

First National Bank Key Developments

First National Bank Reports Earnings Results for the Year Ended June 30, 2014

First National Bank reported earnings results for the year ended June 30, 2014. For the period, the company reported normalized earnings of ZAR 9,462 million against ZAR 7,998 million a year ago. Normalized profit before tax was ZAR 13,995 million against ZAR 11,644 million a year ago. ROE was 37.4% against 34.5% a year ago. ROA was 3.12% against 2.91% a year ago.

First National Bank Presents at Africa GRI 2014, Jun-19-2014 09:00 AM

First National Bank Presents at Africa GRI 2014, Jun-19-2014 09:00 AM. Venue: Eka Hotel Nairobi, Along Mombasa Road, Nairobi, Kenya. Speakers: SIZWE NXEDLANA, Chief Economist.

First National Bank Mulls Acquisitions

First National Bank is seeking acquisitions, reported Ventures Africa citing a report from BDlive. According to a BDlive report, First National Bank will try to get a banking licence in Ghana, build up the brand organically and then make a small to mid-sized acquisition to build scale. Jacques Celliers, Chief Executive Officer of First National Bank said, "South Africa's economic climate had changed and retail banking market was becoming more competitive in the region, hence the decision to expand further." Jacques added, regarding the company's Ghana market entry plans, "...you can't always wait for deals."

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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