September 18, 2014 3:09 AM ET

Capital Markets

Company Overview of Rand Merchant Bank

Company Overview

Rand Merchant Bank provides merchant banking services. The company’s products and services include treasury trading, corporate finance, investment banking, private equity financing, project and infrastructure finance, financial engineering, structured finance, structured trade, and mining and natural resources. It was founded in 1977 and is based in Johannesburg, South Africa. Rand Merchant Bank operates as a subsidiary of FirstRand Bank Limited.

1 Merchant Place

Cnr Fredman Drive and Rivonia Road


Johannesburg,  2196

South Africa

Founded in 1977


27 11 282 8000


27 11 282 8008

Key Executives for Rand Merchant Bank

Chief Executive Officer
Age: 52
Chief Financial Officer and Director
Age: 51
Chief Operating Officer and Director
Chief Executive Officer of Rand Merchant Bank Investment Banking
Executive Director
Age: 52
Compensation as of Fiscal Year 2014.

Rand Merchant Bank Key Developments

Rand Merchant Bank Reports Earnings Results for the Year Ended June 30, 2014

Rand Merchant Bank reported earnings results for the year ended June 30, 2014. For the period, the company reported normalized earnings of ZAR 5,342 million against ZAR 4,383 million a year ago. Normalized profit before tax was ZAR 7,459 million against ZAR 6,150 million a year ago. ROE was 27.1% against 25.1% a year ago. ROA was 1.46% against 1.30% a year ago.

SABMiller To Sell Its Shareholding In Tsogo Sun Holdings

SABMiller plc (LSE:SAB) is planning to sell its 39.6% stake in Tsogo Sun Holdings Limited (JSE:TSH). SABMiller has completed its strategic review and has decided to dispose of up to all of its ordinary shares in Tsogo Sun through a fully marketed secondary placing of up to approximately 305 million ordinary shares of Tsogo Sun Holdings to selected South African and international institutional investors, and through a buy back by Tsogo Sun of at least approximately 130 million ordinary shares for an aggregate consideration of ZAR 2.8 billion. Alan Clark, Chief Executive Officer of SABMiller said, "The merger with Gold Reef Resorts in 2011, and the resultant listing on the JSE, has transformed Tsogo Sun. However, gaming and hotels are not core to our operations and we have concluded that the time is right for us to exit our investment through a transaction which is beneficial to shareholders of both SABMiller and Tsogo Sun and to reinvest the proceeds in our core growth businesses, including our African operations." SABMiller said that it will sell up to 305,015,346 existing ordinary shares of Tsogo Sun Holdings in the placing. SABMiller said, "The number of Placing Shares and the placing price (the "Placing Price") will be determined following a bookbuilding process. The Placing Shares are being offered to (i) selected institutional investors in South Africa and outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act") and (ii) Qualified Institutional Buyers in the United States as defined in Rule 144A under the Securities Act. Books are expected to open on or about July 14, 2014, and to close on or about July 18, 2014, with a trade date of July 21, 2014, and a settlement date of July 28, 2014. The final decision on the number of Placing Shares and the Placing Price is expected to be announced on or about July 18, 2014." SABMiller has appointed Citigroup Global Markets Limited, Morgan Stanley & Co. International plc and Rand Merchant Bank as Joint Global Coordinators and Bookrunners on the placing.

Rand Merchant Bank Presents at 6th Annual East Africa Trade & Commodity Finance Conference, May-22-2014 09:45 AM

Rand Merchant Bank Presents at 6th Annual East Africa Trade & Commodity Finance Conference, May-22-2014 09:45 AM. Venue: Windsor Golf Hotel & Country Club, Nairobi, Kenya. Speakers: Erik Viljoen, Global Markets, Structured Trade & Commodity Finance.

Similar Private Companies By Industry

Company Name Region
Cadiz Corporate Solutions Middle East/Africa
Ten50Six Holdings Limited Middle East/Africa
Lyons Financial Solutions Holdings Middle East/Africa
Metropolitan Capital, Advisory Arm Middle East/Africa
Afropulse Group (Proprietary) Limited Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Rand Merchant Bank, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at