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. 96,160,120
1.71% 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% Liberty Group Ltd. (Investment Portfolio) 49,818,845
0.89% BlackRock Fund Advisors 45,238,220
0.81% Norges Bank Investment Management 45,167,314
Name Equities % Valuation
First National Bank of Botswana (FNBB) 1,780,590,000 69.5% 466,158,462 USD FirstRand Limited (FSRJ) 15,237,122 0.27% 57,919,653 USD Petmin Limited (PEMJ) 30,000,000 5.20% 3,371,700 USD Rolfes Holdings Ltd (RLFJ) 1,122,032 0.69% 475,237 USD STELLAR CAPITAL PARTNERS REDM PFCV 251 41.8% 44 USD
Sector Retail & Mortgage Banks
1st jan. Capitalization (M$)
FIRSTRAND LIMITED -2.00% 24 100
FirstRand Limited : Connections
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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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