RMB

RMB Information

Rand Merchant Bank (RMB), established in 1998 and based in South Africa, acts as the Corporate and Investment Banking division of FirstRand Group. It offers comprehensive financial services globally but does not hold independent regulatory status.

Pros and Cons

Is RMB Legit?

RMB (Rand Merchant Bank) is based in South Africa but does not hold an independent financial regulatory license. While its parent company, FirstRand Bank, is regulated by the Financial Sector Conduct Authority (FSCA) and the South African Reserve Bank (SARB), RMB itself is not separately regulated.

According to WHOIS data, the domain rmb.co.za was registered on June 5, 1997, last updated on June 5, 2023, and is currently active and protected.

Products and Services

RMB offers a full range of financial services including advisory, financing, investment, risk management, transaction solutions, and private banking, supporting both corporate and individual clients.

Group structure

Rand Merchant Bank (RMB) represents the Corporate and Investment Banking (CIB) arm of the FirstRand Group, one of Africas largest financial services organizations. It operates under a multi-brand strategy and has a strong presence across Africa and internationally, including the UK, USA, India, and China. RMB covers areas like investment banking, transactional banking, global markets, and private banking.