FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.
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FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; Wes Bank, an instalment finance provider; and Ashburton Investments, the group’s asset management business.
Is First Rand Bank and FNB the Same?
FirstRand Bank Limited is a wholly owned subsidiary of FirstRand Limited, and has a number of divisions, including Rand Merchant Bank (the investment bank), FNB (the retail and commercial bank) and Wes Bank (the instalment finance provider).
What Was FNB Called Before?
After protests against Barclays Bank’s involvement in South Africa and its apartheid government, Barclays Bank (SA) announced its new name – First National Bank of Southern Africa (FNB) – a wholly South African owned and controlled entity.
Is RMB Bank Part of FNB?
RMB is part of FNB group. So we can select: First National Bank as the Bank Name and don’t worry about the Branch number. You just need to be sure about the Account number to be correct.
Who Owns First National Bank South Africa?
How Do I Know My Bank Code?
You can usually find your bank’s SWIFT/BIC code in your bank account statements. You also can use our SWIFT/BIC finder to get the right code for your transfer.
Address: 1st Floor,
4 Merchant Place Corner,
Fredman Drive and Rivonia Road Sandton, 2196
Tel: 27 11 282 4000
Fax: 27 11 282 1699
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