FirstRand Limited is a South African financial services group headquartered in Johannesburg. The company provides banking, lending, investment, insurance and related financial services through a portfolio of specialized businesses and brands.
Its principal businesses include First National Bank (FNB), which offers retail, commercial and business banking, payments and digital financial services; Rand Merchant Bank (RMB), which provides corporate and investment banking, advisory, financing and markets services; and WesBank, which specializes in vehicle and asset finance. FirstRand also operates Ashburton Investments, an investment-management business serving institutional, corporate and individual clients.
FirstRand traces its origins to the creation of the group in 1998 through the combination of financial-services businesses including First National Bank and Rand Merchant Bank. The group is primarily based in South Africa and has operations and banking activities in selected markets elsewhere in Africa, including Botswana, Eswatini, Lesotho, Mozambique, Namibia and Zambia. Its services are delivered through branches, digital platforms and specialized financial-services operations.
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