FirstRand

FirstRand Limited, or FirstRand Group, is a South African financial services firm and the parent company of FirstRand Bank. The Reserve Bank of South Africa, the country's central bank, has approved it as a financial services provider.

Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial bank; WesBank, the instalment finance provider; and Ashburton Investments, the group's asset management business, all contribute to FirstRand's execution of its strategy. The organization is headquartered in the South African city of Johannesburg. When it comes to financial institutions in South Africa and the rest of sub-Saharan Africa, FirstRand is among the top five.

In April 2023, the value of FirstRand had risen to $21.12 billion. As a result of this market capitalization, FirstRand is the 830th most valuable company in the world. FirstRand has reported TTM revenue of $7.07 billion as of the end of the most recent reporting period. The company's revenue in 2022 was $7.07 billion, down from the $7.56 billion it made in 2021.

Founded: 1838
Headquarters: Johannesburg, South Africa
Website:www.firstrand.co.za