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|Largest Economy? South Africa’s First Rand Bank Just Reported R18.4b (N297bn) by Adesiji77: 8:37am On Jul 29, 2015|
Reuters reports South Africa’s FirstRand reported an expected 21 percent rise in full-year earnings on Tuesday but South Africa’s second biggest lender by value did not pay out a special dividend as investors had been hoping.
http://nairametrics.com/largest-economy-south-africas-first-rand-bank-just-reported-r18-4b-n297billion-pat-thats-thrice-zenith-banks-n95billion-pat-for-2013/ davide470, lalasticlala
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|Re: Largest Economy? South Africa’s First Rand Bank Just Reported R18.4b (N297bn) by Greenbuoy(m): 8:41am On Jul 29, 2015|
Bet I no understand sha!
|Re: Largest Economy? South Africa’s First Rand Bank Just Reported R18.4b (N297bn) by davide470(m): 9:03am On Jul 29, 2015|
Adesiji77You can't compare the stability of the South African Economy to that of Nigeria's. There are no currency volatility, no 'windows' being shut, strong FX, No Strict Basel requirements and all that.. and most of their profit came from Non-interest income.
Btw, did you see HONYFLOUR and SEPLAT H1:2015? Crazy.
|Re: Largest Economy? South Africa’s First Rand Bank Just Reported R18.4b (N297bn) by Adesiji77: 11:18pm On Jul 29, 2015|
My bro, the "drops" were too steep..."crazy" is the appropriate word.
Even Etisalat posted 40% slump in Q2. It is apparently a reflection of the state of things.
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