Rand Merchant Bank Mumbai
FirstRand Bank is the first bank from Africa to be granted a full-scale commercial banking license in India.
The India Branch, based in Mumbai, primarily focuses on Investment Banking, Fixed Income, Currency and Commodity products, Trade Finance, as well as Debt Capital Markets, and other Structured Products.
Since 1990, bilateral trade between India and Africa has flourished – particularly in the sub-Saharan African region. Countries like Nigeria, Angola, the DRC, Tanzania, Mauritius, and Kenya continue to enjoy very strong export and import trade volumes with India.
In one of the largest single investments by an Indian company in Africa, RMB acted as a merchant bank, guarantee provider, and FX counterparty for Cipla India’s acquisition of 100% of Cipla Medpro South Africa.
Why bank with Rand Merchant Bank India?
- We are part of one of the largest financial services providers with operations in 17 countries covering three continents including sub-Saharan Africa, United Kingdom, China and India.
- Rand Merchant Bank Limited (FSR.JO) is listed on the JSE with operations spanning across investment banking, corporate banking, global markets, private equity and retail banking.
- Our owner-manager culture and client-centric approach ensures best-in-class service.
- We have dedicated relationship managers and product specialists with relevant industry and product knowledge.
Owner-manager culture
We strongly believe that people are critical to business success.
As custodians of FirstRand’s values, our employees act with integrity and practice fair play. We promote and value diversity among our people and build inclusive relationships that contribute to innovative thinking.
We recruit and nurture entrepreneurial self-starters who are able to embrace our owner-manager culture and drive their particular lines of business as though it were their own. By allowing this talent to think differently, we bring a fresh perspective that enables us to innovate and deliver world-class products and services in line with client expectations and market requirements.
We execute our growth strategies on the back of disruptive and innovative thinking, underpinned by our owner- manager culture and strong values-based ethics
Our values
We execute our growth strategies on the back of solutionist thinking, underpinned by our owner-manager culture and strong values-based ethics.