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Global Credit Ratings (GCR) has affirmed its rating on the claims paying ability of Absa Insurance Company Ltd, wholly owned by Absa Group, at AAA (triple A) with a stable rating outlook.
Separately listed RMB Holdings Limited’s sole interest is its 34% investment in banking giant FirstRand, which owns FNB (retail / commercial banking), RMB (investment banking) and WesBank (instalment finance).
FirstRand Limited (FirstRand) today reported results for the year to June 2012 with its portfolio of leading financial services franchises producing a strong performance.
MMI Holdings Limited (MMI) today posted solid year-end results to June 2012, with core headline earnings increasing by 12% to R2.96 billion. The group declared a 10% increase in its final ordinary dividend to 69 cents per share and a special dividend of 6
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