Businesses Owned By Gerrit Thomas Ferreira

Businesses Owned By Gerrit Thomas Ferreira. Gerrit Thomas Ferreira also known as GT Ferreira is a South African businessman and banker who is the Chairman of RMI Holdings. He is also one of the co-founders of Firstrand bank in South Africa. Gerrit Ferreira got his MBA degree from University of Stellenbosch. According to Entrepreneur Mag Ferreira has an estimated net worth of R5. 8 Billion. Below are some of the businesses owned by Gerrit Thomas Ferreira.

FirstRand Limited

FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers.

FirstRand Bank Limited –South Africa

FirstRand Bank Limited –South Africa – provides a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products in certain international markets: FirstRand Bank has three major divisions which are separately branded, i.e.: First National Bank – FNB is the retail and commercial bank division of FirstRand Bank. Rand Merchant Bank – RMB is the corporate and investment division of FirstRand Bank. WesBank – Is the installment finance division of FirstRand Bank. WesBank is South Africa’s largest provider of loans for cars.

FirstRand Investment Holdings Proprietary Limited

FirstRand Investment Holdings Proprietary Limited (FREMA) – 100% Shareholding – South Africa – A holding company for FirstRand Group’s financial services companies in the rest of Africa and other emerging markets. Subsidiaries held through FREMA include: FirstRand International (Mauritius); First National Bank Botswana Limited; First National Bank of Ghana Limited; First National Bank Lesotho Limited – 100% Shareholding – Lesotho – A commercial bank providing retail and corporate banking.

By Thomas Chiothamisi

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