Company profile

FirstRand Bank Limited

FirstRand Bank Limited operates as a wholly owned subsidiary of FirstRand Limited and serves as the primary banking entity within the wider financial services group. Founded in 1998 following the merger of Anglo American’s financial interests with RMB Holdings, the bank is headquartered in Sandton, South Africa. It functions through distinct customer-facing franchises: First National Bank (FNB) for retail and commercial clients, Rand Merchant Bank (RMB) for corporate and investment banking, and WesBank for vehicle and asset finance. The bank provides a comprehensive range of transactional, lending, investment, and insurance products. In 2025, FirstRand Bank Limited further expanded its corporate and investment banking footprint by integrating HSBC Bank plc's Johannesburg Branch, absorbing its clients, banking assets, liabilities, and employees into its RMB franchise following HSBC's strategic exit from the South African market.

Sector

Financial services / Consumer Lending, Digital Banking, Corporate Banking Services, Savings and Other Banking Services

Markets

Kenya, South Africa, Angola

Ownership

Private

Source: Partner Researchers.