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% Other -52.00 -0.1% - - - Consolidation and IFRS Adjustments -2,565 -2.9% -2,121 -2.2% -
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% Australasia 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. 1,911,034,040
34.1% Public Investment Corporation Ltd. 446,468,957
7.96% FirstRand Empowerment Trust 285,953,846
5.10% Remgro Ltd. 219,805,470
3.92% Firstrand Black Employee Trust 136,401,072
2.43% The Vanguard Group, Inc. 90,825,769
1.62% IRONWOOD TRUSTEES PTY LTD 79,735,000
1.42% Coronation Asset Management (Pty) Ltd. 58,505,469
1.04% Stanlib Asset Management Ltd. 55,580,164
0.99% Old Mutual Life Assurance Co. South Africa Ltd. 50,426,742
FirstRand Limited : Connections
Interpark ICS India Pvt Ltd.
The Ethics Institute of South Africa
University of Johannesburg
Pondoland Development Co. Pty Ltd.
WDB Inyosi Investments Pty Ltd.
FirstRand Bank Holdings Ltd.
FirstRand STI Holdings Ltd.
Lereko Investments (Pty) Ltd.
Masana Petroleum Solutions (Pty) Ltd.
Rand Consolidated Investments (Pty) Ltd.
Intertoll ICS Cecons O & M Co. Pvt Ltd.
Business Against Crime South Africa
Gringoss Investments Pty Ltd.
CJ Air Safaris (Pty) Ltd.
FirstRand Asset Management (Pty) Ltd.
Momentum Wealth (Pty) Ltd.
WDB Investments Holdings Pty Ltd.
Rand Consolidated Commodities (Pty) Ltd.
Rand Consolidated Financial Services (Pty) Ltd.
Association of Black Securities & Investment Professionals
Rand Consolidated Holdings CC
Bentel Associates Realty Design Consultants Pvt Ltd.
Rand Consolidated Investments Corporate Services (Pty) Ltd.
ICS Infrastructure Pvt Ltd.
Rand Consolidated Property Holdings (Pty) Ltd.
India Lifestyles Pvt Ltd.
Gossaker Investments Pty Ltd.
Soper Road Shareblock (Pty) Ltd.
Ndhlukulu Investments Pty Ltd.
Suikerbossie Estate Residents Association
The Flying Fish Airline CC
Bank Islam Brunei Darussalam Bhd.
Tsebo Outsourcing Group Pty Ltd.
Rand Merchant Holdings Ltd.
Firstrand Investment Holdings (Pty) Ltd.
Firstcorp Investments Pty Ltd.
Cisco Technology & Services (South Africa) Pty Ltd.
Firstcorp Holdings Pty Ltd.
Women's Development Businesses Trust
Firstrand Finance Co. Ltd.
Mintbrooke Technologies (Pty) Ltd.
WDB Discovery Investments (Pty) Ltd.
Firstrand EMA Holdings Ltd.
African Women Chartered Accountants
Triangle Real Estate India Fund LLC
Pioneer Property Zone Services Pvt Ltd.
Triangle Real Estate India Holdings Ltd.
Triangle Real Estate India Projects 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.
Fifteen Suffert Street Pty Ltd.
ICS Corporate Advisors Pvt Ltd.
Intertoll ICS Ahmedabad Mehasana Toll Management Co. Pvt Ltd
Premnarayen Financial Services Pvt Ltd.
Goss Bloodstock & Investment Co. Pty 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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