Rand Merchant Bank (RMB) operates as the Corporate and Investment Banking (CIB) arm of the FirstRand group.
Understanding FirstRand's Structure
FirstRand is one of the largest financial services groups across Africa. The group employs a strategic multi-branding approach, which means it operates various distinct businesses under its umbrella to cater to different market segments.
Key Businesses within the FirstRand Group
FirstRand's portfolio extends beyond corporate and investment banking. It includes other prominent financial institutions, showcasing its diverse service offerings.
| Group Name | Key Business Areas/Brands |
|---|---|
| FirstRand Group | Rand Merchant Bank (RMB) (Corporate & Investment Banking) |
| FNB (First National Bank) (Commercial & Retail Banking) |
This structure allows FirstRand to maintain specialized services through brands like RMB while also serving a broad customer base through its leading commercial and retail bank, FNB.
For more detailed information on the group structure, you can refer to the RMB group structure page.
