FirstRand — Earnings Presentation (2005)

6 slides from FirstRand's earnings presentation, 2005

Slide 1: Prospects
prospects (4%) FIRSTRAND
Slide 2: There are significant challenges
There are significant challenges Foreign competition / new entrants Consumerism & regulation Loss of pricing power Funding growth Greater cost efficiency required
Slide 3: Also significant opportunities
Also significant opportunities FNB • Growing black market • Commercial property finance growing nicely off a low base • Benefit from focus on mid-corporate and business segments RMB • BEE continues to provide opportunities • Well positioned for infrastructure spend • Relationship strategy • Good
Slide 4: Also significant opportunities
Also significant opportunities WesBank • Continued vehicle market growth • Looking at new markets Momentum • Industry consolidation continues to provide opportunities • African Life Health provides access to African markets • Better industry dynamics after settlement with adjudicator
Slide 5: A positive picture
A positive picture Favourable environment + Businesses firing on all cylinders + Relentless focus on innovation + Increased focus on efficiencies = Organic Growth + New markets + Active capital management = Real return to shareholders
Slide 6: Financial services
financial services { (2-) FIRSTRAND