firstrand namibia’s portfolio

FNB Namibia – retail and commercial banking

FNB Namibia represents FirstRand Namibia's activities in retail and commercial banking as well as short-term insurance in Namibia. It is growing its franchise on the back of a compelling customer offering that provides a broad range of innovative financial services products.

FNB’s strategy is to:
  • grow and retain core transactional accounts
  • provide market-leading digital platforms to deliver cost-effective and innovative transactional propositions to its customers;
  • use its deep customer relationships and sophisticated data analytics to effectively cross-sell and up-sell a broad range of financial services products;
  • apply disciplined origination strategies;
  • provide innovative savings products to grow its retail deposit franchise; and right-size its physical infrastructure to achieve efficiencies
RMB Namibia – corporate and investment banking

RMB Namibia represents FirstRand Namibia’s activities in the corporate and investment banking segments. The strategy leverages an entrenched origination franchise, a strong market-making and distribution product offering, and a competitive transactional banking platform to ensure delivery of an integrated corporate and investment banking (CIB) value proposition to corporate and institutional clients.

WesBank Namibia – vehicle asset finance

WesBank Namibia represents FirstRand Namibia’s activities in vehicle asset finance in the retail and commercial segments of Namibia. WesBank Namibia is the largest provider of vehicle finance in Namibia.

Ashburton Investments Namibia – asset management

Ashburton Investments Namibia aspires to become a leading provider of traditional and alternative asset management solutions.

Ashburton Investments is an active investment manager across asset classes and regions. It is able to leverage the skills and capabilities of the broader FirstRand group to provide clients with a range of investment opportunities to meet their needs. Its asset management capabilities span traditional and alternative investments.

Pointbreak – wealth management

Pointbreak Wealth Management offers professional financial advice and investment services and products to suit the unique needs and aspirations of its clients. This includes money market and financial transaction services; investment portfolio management; financial and retirement planning; and trust, will and estate services.

FirstRand Namibia group-wide functions
Key activities include:
  • Treasury and associated risk functions
  • Tax services
  • Financial and regulatory reporting
  • Enterprise risk management
  • Compliance
  • Internal audit