Bloomberg News

FNB Plans Indian Retail Operation by Year-End, Business Day Says

June 10, 2011

June 10 (Bloomberg) -- FirstRand Ltd.’s First National Bank, the third-largest consumer bank in South Africa, plans to open its first retail branch in Mumbai by the end of the year, Business Day reported, citing Chief Executive Officer Michael Jordaan.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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