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FirstRandSouth Africa
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-08-18 15:24:31
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FirstRand Bank head offices. Photo: Google Earth/StreetviewAbout FirstRand
FirstRand Limited (also referred to as FirstRand Group) was established in April 1998. FirstRand is a financial services group and one of the big four South African retail, commercial and investment banks. FirstRand owns brands like First National Bank (FNB), Rand Merchant Bank (RMB), Ashburton Investments, and Wesbank. The group has representation elsewhere in Africa, including Nigeria, as well as the United Kingdom, Dubai, Australia, China, and India. The bank signed the Equator Principles in 2009.
| Website | https://www.firstrand.co.za/ |
| Headquarters |
4 Merchant Place, Cnr. Fredman Drive & Rivonia Road, 4th Floor
2196 Sandton
South Africa
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| CEO/chair |
Alan Pullinger CEO |
| Supervisor | |
| Annual reports |
CSR report 2021 Annual report 2021 |
| Ownership |
listed on JSE Limited & Namibian Stock Exchange
FirstRand's largest shareholder is the South African state- owned Public Investment Corporation (15.1%). The bank's complete shareholder structure can be accessed here. |
| Subsidiaries |
Rand Merchant Bank – South Africa
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| Complaints and grievances |
FirstRand operates a group ethics line reporting facility which can be accessed here. |
Related Dodgy Deals
FirstRand has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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Targets
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Active profiles
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On record profiles
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
FirstRand Bank Ltd
2022-03-15
ZAF
2020
8
8
100
1.01000000009E+38
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
Banks and Human Rights
Human Rights Benchmark Africa 2021
BankLast update
Country
Score
Ranking
Details
FirstRand
ZAF
1
Laggard
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Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.
News
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Type:
Year:
Documents
Type:
Year:
Policies
Voluntary standards
FirstRand has committed itself to the following voluntary standards:- Carbon Disclosure Project
- Equator Principles
- Global Reporting Initiative
- Partnership for Biodiversity Accounting Financials (PBAF)
- Partnership for Carbon Accounting Financials (PCAF)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Taskforce on Nature-related Financial Disclosures (TNFD)
- UNEP Finance Initiative
- United Nations Global Compact
Investment policies
FirstRand's webpage on corporate social responsibility can be accessed here.
Year:
Equator Principles
Implementation and reporting
FirstRand is reporting on the implementation here.
