Operates as a bank holding company
FirstRand Ltd. Is a registered bank controlling company, which provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers through its subsidiaries; First National Bank, the retail and commercial bank, Rand Merchant Bank, the corporate and investment bank, WesBank, an installment finance provider, and Ashburton Investments, the Group's newly-established investment management business.
FNB products include mortgage loans, credit and debit cards, personal loans and investment products, and services comprise transactional and deposit taking, card acquiring, credit facilities and FNB distribution channels.
Rand Merchant Bank provides diversified financial services and products, encompassing investment banking, fund management, private wealth management and advisory services.
The WesBank provides full service installment credit finance to both the retail and corporate market, including asset based finance.
The company was founded by Lauritz lanser Dippenaar, G. T. Ferreira and Paul Kenneth Harris in 1970 and is headquartered in Sandton, South Africa.
Number of employees : 42 263 persons.
2014 2015 Delta ZAR (in Million) % ZAR (in Million) % First National Bank 30,306 33.9% 35,156 36.1% +13.8% Rand Merchant Bank 13,802 15.5% 14,850 15.3% +7.06% WesBank 8,984 10.1% 9,864 10.1% +8.92% FCC (including Group Treasury) 5,419 6.1% 4,767 4.9% -13.68% FNB Africa 4,882 5.5% 5,376 5.5% +9.19%
2014 2015 Delta ZAR (in Million) % ZAR (in Million) % South Africa 53,133 59.5% 60,881 62.6% +12.73% Other Africa 6,075 6.8% 6,857 7% +11.4% United Kingdom 1,682 1.9% 1,185 1.2% -41.94% Other 560.00 0.6% 437.00 0.4% -28.15% Australia 253.00 0.3% 71.00 0.1% -256.34%
Shareholders FirstRand Limited (FSRJ - Johannesburg Stock Exchange) FirstRand Limited (FSRJ - Johannesburg Stock Exchange)
Name Equities % RMB Holdings Ltd. 1,910,433,050
34.1% Public Investment Corporation Ltd. 537,135,547
9.58% FirstRand Empowerment Trust 285,953,846
5.10% Remgro Ltd. 219,805,470
3.92% The Vanguard Group, Inc. 88,955,180
1.59% Liberty Group Ltd. (Investment Portfolio) 56,939,632
1.02% JPMorgan Asset Management (UK) Ltd. 49,204,788
0.88% Norges Bank Investment Management 48,539,604
0.87% IRONWOOD TRUSTEES PTY LTD 48,280,000
0.86% William Blair Investment Management LLC 46,163,716
Name Equities % Valuation
First National Bank of Botswana (FNBB) 1,780,590,000 69.5% 605,026,676 USD Growthpoint Properties Australia Ltd (GOZ) 27,225,813 4.78% 61,008,963 USD Petmin Limited (PEMJ) 30,000,000 5.20% 2,342,700 USD
FirstRand Limited : Connections
ICS Infrastructure Pvt Ltd.
University of Johannesburg
The Ethics Institute of South Africa
Pondoland Development Co. Pty Ltd.
FirstRand Bank Holdings Ltd.
WDB Inyosi Investments Pty Ltd.
FirstRand STI Holdings Ltd.
Goss Bloodstock & Investment Co. Pty Ltd.
Lereko Investments (Pty) Ltd.
Masana Petroleum Solutions (Pty) Ltd.
Rand Consolidated Investments (Pty) Ltd.
Business Against Crime South Africa
India Lifestyles Pvt Ltd.
CJ Air Safaris (Pty) Ltd.
Gringoss Investments Pty Ltd.
FirstRand Asset Management (Pty) Ltd.
Momentum Wealth (Pty) Ltd.
Rand Consolidated Commodities (Pty) Ltd.
WDB Investments Holdings Pty Ltd.
Rand Consolidated Financial Services (Pty) Ltd.
Rand Consolidated Holdings CC
Association of Black Securities & Investment Professionals
Rand Consolidated Investments Corporate Services (Pty) Ltd.
Interpark ICS India Pvt Ltd.
Rand Consolidated Property Holdings (Pty) Ltd.
Intertoll ICS Cecons O & M Co. Pvt Ltd.
Soper Road Shareblock (Pty) Ltd.
Gossaker Investments Pty Ltd.
Suikerbossie Estate Residents Association
Ndhlukulu Investments Pty Ltd.
The Flying Fish Airline CC
Bank Islam Brunei Darussalam Bhd.
Rand Merchant Holdings Ltd.
Tsebo Outsourcing Group Pty Ltd.
Firstcorp Investments Pty Ltd.
Firstrand Investment Holdings (Pty) Ltd.
Firstcorp Holdings Pty Ltd.
Cisco Technology & Services (South Africa) Pty Ltd.
Firstrand Finance Co. Ltd.
Women's Development Businesses Trust
Mintbrooke Technologies (Pty) Ltd.
WDB Discovery Investments (Pty) Ltd.
Triangle Real Estate India Fund LLC
Firstrand EMA Holdings Ltd.
African Women Chartered Accountants
Triangle Real Estate India Holdings Ltd.
Pioneer Property Zone Services Pvt Ltd.
Triangle Real Estate India Projects Ltd.
Bentel Associates Realty Design Consultants Pvt Ltd.
Sigem Jewellery & Watches Trading Pvt Ltd.
TOTAL South Africa (Pty) Ltd.
Triangle Real Estate India Investments Ltd.
CIV Fibre Network Solutions (Pty) Ltd.
Dark Fibre Africa Pty Ltd.
Ayana Hospitality Pvt Ltd.
Rand Merchant Bank Holdings /Management/
ICS Corporate Advisors Pvt Ltd.
Fifteen Suffert Street Pty Ltd.
Intertoll ICS Ahmedabad Mehasana Toll Management Co. Pvt Ltd
Premnarayen Financial Services Pvt Ltd.
Intertoll ICS India Pvt Ltd.
Company contact information FirstRand Ltd. 4 Merchant Place Corner Fredman Drive, Rivonia Road 4th floor Sandton, Gauteng 2196 Phone : +27.11.282.1808 Fax : +27.11.282.8088 Web : www.firstrand.co.za
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