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August 02, 2015 7:26 PM 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

Chief Executive Officer
Age: 43
President of Banking Group and President of Banking Group for F N B Corp
Age: 50
President of the Pittsburgh Region
Age: 68
President of Maryland Region
Age: 42
Segment Head
Compensation as of Fiscal Year 2015.

First National Bank Key Developments

AfDB, FNB Sign Line of Credit Agreement Worth USD 44 Million

African Development Bank (AfDB) and First National Bank (FNB) have inked a USD 44 million line of credit agreement, to fund several southern African nation projects. The funds will contribute to its continued financing of projects that are important to Zambia's economic agenda by supporting the expansion of credit to small and medium enterprises. The contract is kept aside for the growth in Zambia's sectors like trade, agriculture, manufacturing, construction and others as there are investment opportunities in these areas.

First National Bank Reports Earnings Results for the Six Months Ended December 31, 2014

First National Bank reported earnings results for the six months ended December 31, 2014. For the period, the company reported normalized earnings of ZAR 5,731 million against ZAR 4,920 million a year ago. Normalized profit before tax was ZAR 8,470 million against ZAR 7,248 million a year ago. ROE was 40.7% against 37.2% a year ago. ROA was 3.47% against 3.25% a year ago.

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.

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Recent Private Companies Transactions

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