Operates as a bank holding company
FirstRand Ltd. provides 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 Others.
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 by Lauritz Lanser Dippenaar, G. T. Ferreira and Paul Kenneth Harris in 1970 and is headquartered in Johannesburg, South Africa.
Number of employees : 45 100 persons.
2015 2016 Delta ZAR (in Million) % ZAR (in Million) % First National Bank 35,156 36.1% 38,939 35.6% +10.76% Rand Merchant Bank 14,850 15.3% 16,430 15% +10.64% WesBank 9,864 10.1% 11,257 10.3% +14.12% FNB Africa 5,376 5.5% 5,543 5.1% +3.11% FCC (including Group Treasury) 4,767 4.9% 2,742 2.5% -42.48%
2015 2016 Delta ZAR (in Million) % ZAR (in Million) % South Africa 60,881 62.6% 61,801 56.5% +1.51% Other Africa 6,857 7% 7,799 7.1% +13.74% United Kingdom 1,185 1.2% 2,561 2.3% +116.12% Other 437.00 0.4% 546.00 0.5% +24.94% Australasia 71.00 0.1% 565.00 0.5% +695.77%
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. 100,562,747
1.79% FirstRand Empowerment Foundation 90,599,057
1.62% IRONWOOD TRUSTEES PTY LTD 77,190,000
1.38% Kagiso Charitable Trust 74,191,616
1.32% BlackRock Fund Advisors 49,981,974
0.89% Liberty Group Ltd. (Investment Portfolio) 49,818,845
0.89% Norges Bank Investment Management 45,167,314
Name Equities % Valuation
FNB Namibia Holdings Ltd (FNB) 156,271,536 58.4% 568,259,563 USD FirstRand Limited (FSRJ) 15,237,122 0.27% 56,979,218 USD Petmin Limited (PEMJ) 30,000,000 5.20% 3,543,300 USD Rolfes Holdings Ltd (RLFJ) 1,122,032 0.69% 395,673 USD STELLAR CAPITAL PARTNERS REDM PFCV 251 41.8% 24 USD
Sector Retail & Mortgage Banks
1st jan. Capitalization (M$)
FIRSTRAND LIMITED -10.91% 20 992
FirstRand Limited : Connections
Firstrand EMA Holdings Ltd.
University of Johannesburg
OUTsurance Insurance Co., Ltd.
Remgro-Capevin Investments Ltd.
FirstRand Bank Holdings Ltd.
Lereko Investment Holdings Pty Ltd.
FirstRand STI Holdings Ltd.
WDB Inyosi Investments Pty Ltd.
Rand Consolidated Investments (Pty) Ltd.
Aveng Trident Steel Holdings (Pty) Ltd.
Business Against Crime South Africa
CJ Air Safaris (Pty) Ltd.
Tsebo Solutions Group Pty Ltd.
FirstRand Asset Management Pty Ltd.
Cisco Technology & Services (South Africa) Pty Ltd.
Momentum Wealth (Pty) Ltd.
WDB Investments Holdings Pty Ltd.
Rand Consolidated Commodities (Pty) Ltd.
Momentum Medical Scheme Administrators Pty Ltd.
Association of Black Securities & Investment Professionals
Rand Consolidated Financial Services (Pty) Ltd.
Rand Consolidated Holdings CC
Strategic Real Estate Management (Pty) Ltd.
Rand Consolidated Investments Corporate Services (Pty) Ltd.
Rand Consolidated Property Holdings (Pty) Ltd.
Primedia Holdings Pty Ltd.
Momentum Structured Insurance Ltd.
Soper Road Shareblock (Pty) Ltd.
Botswana Investment & Trade Centre
Suikerbossie Estate Residents Association
Ashburton Investments Holdings Ltd.
The Ethics Institute of South Africa
Rand Merchant Holdings Ltd.
Centre for Development & Enterprise
Lereko Metier Capital Growth Fund Managers (Pty) Ltd.
OUTsurance Life Insurance Co. Ltd.
Women's Development Businesses Trust
Firstcorp Investments Pty Ltd.
Mintbrooke Technologies (Pty) Ltd.
Firstcorp Holdings Pty Ltd.
WDB Discovery Investments (Pty) Ltd.
Firstrand Life Assurance Ltd.
African Women Chartered Accountants
Momentum Life Assurers Ltd.
Momentum Collective Investments (RF) (Pty) Ltd.
Momentum Africa Investments Pty Ltd.
Firstrand Investment Holdings (Pty) Ltd.
Momentum Asset Management Nominees Pty Ltd.
Firstrand Finance Co. Ltd.
Firstrand Insurance Holdings Pty Ltd.
Fifteen Suffert Street Pty Ltd.
Corridor Infrastructure Developments Pty Ltd.
Met Collective Investments Rf Pty Ltd.
Goss Bloodstock & Investment Co. Pty Ltd.
Momentum Investments Pty Ltd.
Gossaker Investments Pty Ltd.
McConnell Dowell Corp. Ltd.
Gringoss Investments Pty Ltd.
FNB Credit Guarantee Ltd.
Ndhlukulu Investments Pty Ltd.
Pondoland Development Co. Pty Ltd.
The Flying Fish Airline CC
Botswana Export Development & Investment Authority
Momentum Alternative Insurance Ltd.
Bank Islam Brunei Darussalam Bhd.
Lereko Investments (Pty) Ltd.
Firstrand Investment Management Holdings Ltd.
Company contact information FirstRand Ltd. 4F, 4 Merchant Place Corner Fredman Drive, Rivonia Road Sandton Johannesburg, Gauteng 2196 Phone : +27.11.282.1808 Fax : +27.11.282.8088 Web : www.firstrand.co.za
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