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RMB

RMB (Rand Merchant Bank) is a South African corporate and investment banking division of FirstRand Bank Limited, one of the country's largest financial institutions. The bank provides a comprehensive range of financial services including corporate banking, investment banking, advisory services, structured finance, project finance and capital markets solutions. RMB is headquartered in Johannesburg and operates across sub-Saharan Africa as well as in London, serving corporate, institutional and government clients. The bank has established a strong presence in infrastructure and energy financing, particularly in renewable energy projects and independent power producer transactions. RMB is known for its expertise in structuring complex deals and has been involved in numerous landmark transactions across mining, energy, telecommunications and other key sectors. The division forms part of FirstRand Group alongside FNB (First National Bank) and other financial services brands. RMB competes with other major South African investment banks including Nedbank Corporate and Investment Banking, Investec and Absa Corporate and Investment Banking. The bank was established in 1977 as Rand Merchant Bank and became part of FirstRand when the group was formed through a merger in 1998.

RMB Updates


SOLA Group assets MD Katherine Persson
Opinion: The rise of electricity wheeling – the silent winner of the energy transition
Updated 1 hour 6 minutes ago

In this article, independent power producer SOLA Group assets MD Katherine Persson writes that South African businesses are looking for more predictable energy costs, that wheeling and virtual... 


Construction under way at the Naos 1 project
Naos-1 hybrid solar and battery project, South Africa – update
5th June 2026 By: Sheila Barradas

The Naos-1 project is a landmark 435 MWp solar PV and 660 MWh battery energy storage project, developed entirely by SOLA Group. 


Middle East tensions interrupt business confidence recovery – report
Middle East tensions interrupt business confidence recovery – report
2nd June 2026 By: Sabrina Jardim

The Business Confidence Index (BCI) published by financial services firm RMB and economic research organisation the Bureau for Economic Research (BER) fell by eight points to 39 in the second... 


Battery and solar panels
Naos-1 hybrid solar PV and battery energy storage project, South Africa
22nd May 2026 By: Sheila Barradas

Naos-1 represents the largest solar and battery facility developed specifically for private offtakers in South Africa. 


Navigating oil volatility: how SA corporates can harness banking tools amid fuel market instability
17th April 2026

Kevin Ssemwogerere, Business Development Strategy Head, Treasury and Trade Solutions at RMB The pending conflict and short-term ceasefire in the Middle East has materially disrupted global oil... 


RMB chief economist Isaah Mhlanga
Business confidence rises to 47, six points above long-term average – RMB/BER
4th March 2026 By: Schalk Burger

The Business Confidence Index (BCI) by financial services firm RMB and economic research organisation the Bureau for Economic Research rose by three points to 47 in the first quarter, building on... 


Landmark private solar-battery hybrid project aims to enter into operation in 2028
Landmark private solar-battery hybrid project aims to enter into operation in 2028
27th February 2026 By: Terence Creamer

A large-scale hybrid solar and battery project, underpinned by a landmark 25-year private power purchase agreement (PPA) with Sasol and Air Liquide, has achieved financial close and is targeting to... 


Landmark private solar-battery hybrid project aims to enter into operation in 2028
Landmark private solar-battery hybrid project aims to enter into operation in 2028
10th February 2026 By: Terence Creamer

A large-scale hybrid solar and battery project, underpinned by a landmark 25-year private power purchase agreement (PPA) with Sasol and Air Liquide, has achieved financial close and is targeting to... 


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