FirstRand Bank: Purpose, Values, FAQ, Contact Details

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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.

Purpose

The group’s objective is to build long-term franchise value and deliver superior and sustainable returns within acceptable levels of volatility.

Values

Core Values

  • Pride
  • Accountability
  • Innovation
  • Ubuntu
  • Respect

FAQ

Is FirstRand 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 WesBank (the instalment finance provider).

Is FNB part of RMB?

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.

What does Rand Merchant Bank do?

We are a leading African Corporate and Investment Bank and part of one of the largest financial services groups (by market capitalisation) in Africa – FirstRand Limited. We are passionate Solutionists who offer our clients innovative advisory, funding, trading, corporate banking and principal investing solutions.

Who is the owner of FNB bank?

FirstRand

Is FNB a good bank?

The bottom line: Little distinguishes First National Bank from other banks, and that’s both good and bad. Its fees aren’t particularly high, but neither is its savings rates. Its online banking platform has all the basics but little else.

How can I get a loan from the Bank?

Visit your nearest branch and you will be advised on the requirements necessary for the various types of loans.

Contact Details

Head office 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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