
Rand Merchant Bank
Rand Merchant Bank is an investment bank based in Johannesburg, South Africa. Established in 1977, the bank offers some traditional banking services, especially through its RMB Private Bank, but RMB primarily focuses on corporate and investment banking, including services like Mergers & acquisitions, Structured finance, Infrastructure and project finance, Risk management, and advisory. It caters more to large corporations, institutions, and high-net-worth individuals, rather than the general public. RMB incorporates some traditional banking elements, especially through its private banking arm. It is better classified as an Investment Bank rather than a traditional retail banking institution. The assets are managed by the executive management team.