Operates as a bank holding company
FirstRand Ltd. engages in the provision of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers through its subsidiaries.
It operates through the following segments: FNB, RMB, WesBank, and FCC and Other.
The FNB segment represents the company's activities in the retail and commercial segments.
The RMB segment covers the group's activities in the corporate and investment banking segments.
The WesBank segment composes of the group's activities in the vehicle and asset finance in the retail, commercial and corporate segments operating primarily through alliances and joint ventures with leading motor manufacturers, suppliers, and dealer groups.
The FCC and Other segment consists of key group-wide functions, including group treasury, finance, tax, enterprise risk management, regulatory risk management and group internal audit.
Its 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.
The company was founded in February 1998 and is headquartered in Johannesburg, South Africa.
Number of employees : 44 916 persons.
2016 2017 Delta ZAR (in Million) % ZAR (in Million) % First National Bank 38,939 35.6% 41,942 34.6% +7.71% Rand Merchant Bank 16,430 15% 16,993 14% +3.43% WesBank 11,257 10.3% 11,631 9.6% +3.32% FNB Africa 5,543 5.1% 5,627 4.6% +1.52% FCC (including Group Treasury) 2,742 2.5% 606.00 0.5% -77.9% Normalised Adjustments - - 986.00 0.8% -
2016 2017 Delta ZAR (in Million) % ZAR (in Million) % South Africa 61,801 56.5% 66,913 55.2% +8.27% Other Africa 7,799 7.1% 8,124 6.7% +4.17% United Kingdom 2,561 2.3% 2,984 2.5% +16.52% Australasia 565.00 0.5% 223.00 0.2% -60.53% Other 546.00 0.5% 579.00 0.5% +6.04%
Vote Quantity Float Company-owned shares Total Float
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 Corp. Ltd. 520,675,076
9.28% Remgro Ltd. 219,828,140
3.92% The Vanguard Group, Inc. 110,598,084
1.97% FirstRand Empowerment Foundation 90,599,057
1.62% OppenheimerFunds, Inc. 85,322,985
1.52% IRONWOOD TRUSTEES PTY LTD 77,190,000
1.38% Kagiso Charitable Trust 74,191,616
1.32% BlackRock Fund Advisors 55,074,220
0.98% T. Rowe Price International Ltd. 52,943,504
Name Equities % Valuation
FNB Namibia Holdings Ltd (FNB) 156,271,536 58.4% 515,103,800 USD First National Bank of Botswana (FNBB) 1,780,590,000 69.5% 392,032,500 USD FirstRand Limited (FSRJ) 15,237,122 0.27% 55,221,616 USD Mediclinic International (MDC) 49,184 0.0067% 380,127 USD Rolfes Holdings Ltd (RLFJ) 1,122,032 0.69% 232,485 USD
Company contact information
4 Merchant Place
Corner Fredman Drive & Rivonia Road
Johannesburg, Gauteng 2196
Phone : +27.11.282.1808
Fax : +27.11.282.8088
Sector Retail & Mortgage Banks
Connections : FirstRand Limited
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