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 : 38 542 persons.
2012 2013 2014 ZAR (in Million) % ZAR (in Million) % ZAR (in Million) % First National Bank 23,080 33.2% 26,478 33.7% 30,306 33.9% Rand Merchant Bank 8,436 12.1% 11,761 15% 13,802 15.5% WesBank 8,096 11.7% 8,420 10.7% 8,984 10.1% FCC (including Group Treasury) 4,731 6.8% 3,276 4.2% 5,419 6.1% FNB Africa 3,719 5.4% 3,978 5.1% 4,882 5.5% Global Transactional Services 1,422 2% - - - - Other -105.00 -0.2% 140.00 0.2% -52.00 -0.1% Consolidation and IFRS Adjustments -3,068 -4.4% -2,536 -3.2% -2,565 -2.9%
2012 2013 2014 ZAR (in Million) % ZAR (in Million) % ZAR (in Million) % South Africa 42,684 61.5% 46,266 58.9% 53,133 59.5% Other Africa 4,002 5.8% 4,737 6% 6,075 6.8% United Kingdom 477.00 0.7% 1,330 1.7% 1,682 1.9% Other 250.00 0.4% 56.00 0.1% 560.00 0.6% Australasia 18.00 0% -48.00 -0.1% 253.00 0.3%
Shareholders FirstRand Limited (FSRJ - Johannesburg Stock Exchange) FirstRand Limited (FSRJ - Johannesburg Stock Exchange)
Name Shares % RMB Holdings Ltd. 1,911,034,040
34.1% Public Investment Corp 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. 87,067,892
1.55% IRONWOOD TRUSTEES PTY LTD 79,735,000
1.42% Coronation Asset Management (Pty) Ltd. 58,505,469
1.04% Stanlib Asset Management Ltd. 55,010,695
0.98% Old Mutual Life Assurance Co. South Africa Ltd. 50,426,742
Name Shares % Valuation
First National Bank of Botswana (FNBB) 1,780,590,000 69.5% 703,849,421 USD Growthpoint Properties Australia Ltd (GOZ) 27,225,813 4.91% 64,359,372 USD Petmin Limited (PEMJ) 30,000,000 5.20% 4,016,100 USD
FirstRand Limited : Connections
Gringoss Investments Pty Ltd.
The Banking Association of South Africa
Firstrand EMA Holdings Ltd.
Firstrand Investment Holdings (Pty) Ltd.
FirstRand STI Holdings Ltd.
WDB Investments Holdings Pty Ltd.
Association of Black Securities & Investment Professionals
FirstRand Bank Holdings Ltd.
Goss Bloodstock & Investment Co. Pty Ltd.
Rand Consolidated Investments (Pty) Ltd.
Pondoland Development Co. Pty Ltd.
Business Against Crime South Africa
Lereko Investments (Pty) Ltd.
Masana Petroleum Solutions (Pty) Ltd.
FirstRand Empowerment Foundation
WDB Inyosi Investments Pty Ltd.
CIV Fibre Network Solutions (Pty) Ltd.
University of Johannesburg
CJ Air Safaris (Pty) Ltd.
FirstRand Asset Management (Pty) Ltd.
TOTAL South Africa (Pty) Ltd.
Momentum Wealth (Pty) Ltd.
Dark Fibre Africa Pty Ltd.
Rand Consolidated Commodities (Pty) Ltd.
Fifteen Suffert Street Pty Ltd.
Rand Consolidated Financial Services (Pty) Ltd.
Rand Consolidated Holdings CC
Gossaker Investments Pty Ltd.
Rand Consolidated Investments Corporate Services (Pty) Ltd.
Ndhlukulu Investments Pty Ltd.
Rand Consolidated Property Holdings (Pty) Ltd.
The Flying Fish Airline CC
Bank Islam Brunei Darussalam Bhd.
Soper Road Shareblock (Pty) Ltd.
Tsebo Outsourcing Group Pty Ltd.
The Ethics Institute of South Africa
Suikerbossie Estate Residents Association
Cisco Technology & Services (South Africa) Pty Ltd.
Women's Development Businesses Trust
Rand Merchant Holdings Ltd.
Mintbrooke Technologies (Pty) Ltd.
Firstcorp Investments Pty Ltd.
WDB Discovery Investments (Pty) Ltd.
Firstcorp Holdings Pty Ltd.
Firstrand Finance Co. Ltd.
African Women Chartered Accountants
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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