Grindrod Bank

Grindrod office

Grindrod Bank Limited is a commercial bank in South Africa established in 1994. It is a competitive niche bank with a particularly strong reputation in property finance. It operates as a subsidiary of Grindrod Limited, a large shipping and logistics company. The Bank focuses on meeting the needs of high net-worth individuals, medium-size corporations, non-governmental organisations and institutions. It operates in five primary areas: Treasury and Capital Markets, Corporate lending, Corporate Finance, Asset Management and Retail services. The Retail division offers card-based payment solutions to FSB-registered financial intermediaries, who in turn provide packaged solutions to consumers. With over 110 employees, the Bank has offices in Durban, Cape Town, Pretoria and Johannesburg. The company was formerly known as Marriott Merchant Bank Limited and changed its name to Grindrod Bank in November 2006. As of March 31, 2017, it had a tier 1 capital and reserve funds of R1.029 billion.

Global Credit Rating Co. (GCR)
Long term: BBB+ (ZA)
Short term: A2 (ZA)

Head office address:
5 Arundel Close
Kingsmead Office Park
Durban, South Africa
Phone number: +27 (0) 31 333 6600
Website: www.grindrodbank.co.za

Cape Town
3rd floor, The Terraces
25 Protea Road
Claremont, 7708
South Africa

Johannesburg
4th Floor, Grindrod Tower
8a Protea Place, Sandton
South Africa
Phone: +27 (0)11 459 1860

Pretoria
1st Floor, Building 21, Oxford Office Park
3 Bauhinia Street, Centurion
South Africa
Phone: +27 (0)12 646 3001

The page was updated on December 24, 2017, at 21:45.