FirstRand
Headquarters in Johanesburg | |
| Type | Public |
|---|---|
| JSE: FSR | |
| Industry | Banking and finance |
| Founded | 1838 (founded as the Eastern triocrees Province Bank, now known as the First National Bank) 1998 (establishment of the group) |
| Headquarters | Johannesburg, South Africa |
| Key people | Johan Burger (chairman) Mary Vilakazi (group CEO) |
| Products | Lending, transactional services, investments, insurance, and asset management |
| Total assets | |
| Total equity | |
Number of employees | 48,059 (2022) |
| Divisions | First National Bank Rand Merchant Bank WesBank Ashburton |
| Website | firstrand |
FirstRand Limited, also referred to as FirstRand Group, is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. FirstRand Group is Africa’s largest listed financial services institution, with over R1.7 trillion in assets under management (AUM) across Africa, the UK, and India.
The company operates through various divisions, including First National Bank (FNB) for commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for vehicle and asset financing, and Ashburton for asset management.