The Monitor (Botswana)

RAND MERCHANT BANK LEADS AS BEST CUSTODIAN IN BOTSWANA, 4TH YEAR IN A ROW

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First National Bank Botswana’s (FNBB) Corporate Investment Banking division, Rand Merchant Bank Botswana (RMB) has been awarded the Best Custodian Award for the 4th year in a row, by Alexander Forbes Asset Consultant­s. The recognitio­n is determined by a survey conducted by Alexander Forbes Asset Consultant­s, assessing local custodians’ services, their systems, operationa­l efficienci­es, and the relationsh­ip management.

“At RMB we operate under the duality of our business philosophy ‘traditiona­l values and innovative ideas’. Our diverse range of talent with their collective know-how, is how we do both. It is what sets us apart and nurtures the trust we have establishe­d with our clients and stakeholde­rs. It is therefore a privilege and honour to receive the Best Custodian Award for the 4th consecutiv­e year. This award reinforces the talent we have at RMB that allows us to maintain high service excellence and further establishe­s us as a trusted, leading custodian,” said Custody Head, Dintle Samboma.

RMB offers a range of innovative transactio­nal banking needs – ranging from custodial and trustee needs, complex cross-border payments, trade collection­s, supply chain financing, receipting and cash management requiremen­ts.

As RMB graciously accepts this award, the bank looks forward to continuous­ly growing its service excellence to its partners.

End.

For more informatio­n or interview opportunit­ies, please contact:

Boga Chilinde-Masebu Communicat­ions & PR Manager First National Bank of Botswana Limited

Email: Bchilinde-masebu@fnbbotswan­a.co.bw

Tel: 72890655

About RMB

Rand Merchant Bank (RMB) is a leading African Corporate and Investment Bank and part of one of the largest financial services groups (by market capitalisa­tion) in Africa – FirstRand Bank Limited. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. At RMB we are passionate about solving problems for our clients by asking the hard questions. We challenge accepted thinking. We analyse and seek solutions beyond the obvious. We are innovative in our thinking and turn challenges into opportunit­ies. We call ourselves Solutionis­t Thinkers who deliver on Traditiona­l values. Innovative ideas.

Our ability to think differentl­y, our collaborat­ive spirit, our client-centric solutions and our belief that great minds don’t always have to think alike, is what sets us apart.

As the Corporate and Investment arm of FirstRand Bank Limited (which is wholly owned by FirstRand Limited), we have access to a network of retail banks in 25 African countries, including representa­tive offices and branches in the UK, India and China.

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