Macro Finance
FirstRand Sees Aldermore Sale by Year-End After UK Car-Loan Saga
Bloomberg Markets·September 10, 2026·1 min read
FirstRand, Africa's most valuable bank, aims to complete the sale of its UK unit Aldermore Group by year-end, following a costly regulatory crackdown on car financing. The bank is pushing to finalize the divestment to move past the regulatory challenges.
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