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FirstRand Bank Ltd.
The FirstRand Group from South Africa has many operations including FirstRand Bank Ltd., and the other crucial divisions that make it big financial group. Sub groups are the Rand Merchant Bank, FNB and WesBank as part of authorized financial services provided by it.
Group of these four banks makes big league of South Africa's big financial organization. The bank has its operation with collaboration and through the subsidiary networks of countries like Swaziland, Mozambique, Botswana and Namibia.
The identity that FirstRand Bank Ltd., has today is of being an oldest banking group of South African region with its association with the then Eastern Province Bank of operation of 1838. Oriental Bank Corporation took over Eastern Province Bank of 1874. Situations prevailing on that era of the country and places having association with it paved the way for formation of Bank of Africa of 1879.
There were many ups and downs which came of the way to this bank due to financial crisis and especially recession issues. Acquisitions and ownerships were major issues that brought big transformations of South African banking sector.
FirstRand Group has shown new way to banking sector of South Africa. It has brought a revolution of banking industry and solves many issues as part of the banking service as well as the sub sectors for the financial solutions.
Firstrand Bank Limited Details:
MAHARASHTRAIFSC Code of Banks of India