Business
FSR: 10% earnings growth and 20.2% ROE achieved despite major U.K. provision and macro headwinds
FSR: 10% earnings growth and 20.2% ROE achieved despite major U.K. provision and macro headwinds
About this update from Firstrand Limited
Normalized earnings grew 10% with ROE at 20.2%, despite a £240m U.K. provision. Strong domestic and Africa franchise performance, improved cost-to-income ratio, and robust capital position underpin positive outlook, though macro and regulatory risks persist.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.