The owner of FNB says it expects its earnings to reach or surpass 2019 levels in a matter of months. The banking group's earnings for the 2021 financial year fell R1.3 billion short of 2019 levels. FirstRand says it will get back to its 2019 level of earnings within a few months. It is clearly going to happen in this next reporting period," said FirstRand Group CEO Alan Pullinger. Pullinger said FirstRand is well aware that its local banking operations are mature.

Source: News 24 September 16, 2021 13:30 UTC