Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.
We structure the most appropriate financing solutions to meet the needs of our clients, whether for project finance, on-balance sheet lending or a combination thereof. Our ability to think differently and our collaborative spirit is what sets us apart and enables us to deliver on our brand promise: Traditional values. Innovative ideas.
We are a proud African corporate and investment bank with an extensive deal footprint across more than 35 African countries. RMB has funded several infrastructure and resource finance projects, mergers and acquisitions, and infrastructure developments in many African countries over the past decade.
As the investment banking arm of FirstRand Bank Limited (which is wholly-owned by FirstRand Limited), RMB has access to a network of retail banks in 25 African countries including representative offices and branches in the UK, India, China, and the Middle East.
RMB’s international footprint
We believe exceptional performance is only possible with exceptional people, which is why our strategy does not live in files, but in our people. RMB is a place where exceptional people can embrace our collaborative and owner-manager culture and drive their particular lines of business as though it’s their own.
In the business of corporate and investment banking, it’s not just the thought, but the quality and inventiveness of the thinking that counts. Our ability to think differently, our collaborative spirit, our client-centric solutions and our belief that great minds don’t always have to think alike, is what sets us apart.
By placing our clients at the centre of our innovation, we unlock possibilities and opportunities for them to grow their investments and businesses. We nurture mutually rewarding relationships and constantly challenge the norm, question existing models and develop innovative and bespoke products to grow our clients’ businesses.
Read more about RMB’s financial performance and year-end financial results.
Rand Merchant Bank (RMB) was founded by Paul Harris, Laurie Dippenaar and GT Ferreira in 1977. The vision, drive and complementary strengths of this trio transformed the fledgling outfit into one of South Africa’s leading investment banks, and one of South Africa’s most powerful brands.
Today, RMB is one of the leading African corporate and investment banks, with over 3 200 employees and an impressive track record of profitability and innovation.
RMB cemented its market leading position on a number of fronts the past couple of years.
Listed on the Johannesburg Stock Exchange (JSE) and Namibian Stock Exchange (NSX), FirstRand Limited is the largest listed financial services group (by market capitalisation) in Africa. The Group is differentiated by its owner-manager culture and operates through a portfolio of four separately-branded franchises:
In addition to South Africa, the Group operates in eight key African territories: Botswana, Namibia, Swaziland, Lesotho, Zambia, Mozambique, Tanzania and Nigeria. FirstRand is the first bank from Africa to be granted a full-scale commercial banking licence in India. FirstRand also operates fully-fledged Representative Offices in Shanghai and Dubai.
The world is demanding greater corporate transparency. Investors want access to more accurate and relevant information about companies, transactions, markets and risks. Our banking system is robust and strong because of our outstanding corporate governance practices. We believe the way we govern our corporation, and our commitment to fair dealing and integrity in the way we conduct our business, play a central role in the strength and health of the global economy.
|Read more||The Board Directors’ Code of Ethics and the Promotion of Access to Information Act and Table of Legislation.|
|Read more||The complaints procedure for the Financial Advisory and Intermediary Services Act.|
As proud RMB citizens, we should all be concerned about who we are, the business we are in, why it matters, and the contribution we can each make in a shared society.
Corporate Social Investment (CSI) is not an ad hoc philanthropic gesture at RMB. As a division of the FirstRand Foundation, our aligned intention is to contribute to a strengthened economy and a better country for all through sustainable education and skills development.
The RMB Fund, our CSI vehicle, focuses:
The FirstRand Group adopted the Equator Principles in July 2009 to demonstrate our long-term commitment to manage environmental and social risk in project finance transactions. As subscribers to the Equator Principles, we want to ensure that the projects we finance are developed in a manner that is socially responsible and reflect sound environmental management practices to avoid negative impacts on project-affected ecosystems and communities.
The Equator Principles are based on the International Finance Corporation Performance Standards on social and environmental sustainability, and on the World Bank Group Environmental, Health and Safety Guidelines.
Climate change is real and is affecting all of us, as well as our stakeholders and their communities. Being part of the FirstRand Group, we are continually exploring ways to address environmental concerns. One way to minimise the impact of climate change is to reduce our greenhouse gas emissions. Together with FirstRand, we undertake regular carbon footprint audits to monitor our progress to reduce emissions.
We support FirstRand’s belief that transformation is about more than scorecards or Black Economic Empowerment (BEE) credentials — it’s about improving the macro-environment; redressing investment balances by financing development infrastructure; supporting employment equity; developing black business and equitable ownership.
We actively promote and drive transformation and skills development in all our portfolio companies, through training and apprenticeship opportunities, procurement and creating a representative workforce.
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