• 32 Day Prime-Time Notice Deposit   8.50% NACM    Yield
  • 63 Day Prime-Time Notice Deposit   8.65% NACM    Yield
  • 91 Day Prime-Time Notice Deposit   8.80% NACM    Yield
  • 126 Day Prime-Time Notice Deposit   8.95% NACM    Yield
  • 182 Day Prime-Time Notice Deposit   9.25% NACM    Yield
  • 365 Day Prime-Time Notice Deposit   9.50% NACM    Yield
  • Flexi Notice - 32 Days   8.63% NACM    Yield
  • Flexi - 42 Days   8.81% NACM    Yield
  • Flexi Notice - 91 Days   8.97% NACM    Yield
  • Flexi Notice - 126 Days   9.20% NACM    Yield
  • Flexi Notice -182 Days   9.43% NACM    Yield

You will start to see a change in our communications as we migrate from Grindrod Bank to Africanbank Business and Commercial.
Click here to explore our new website.

ABOUT US

We are committed to developing effective, value-driven financial products & services for our clients 

We understand that clients today are looking for us to anticipate their needs and deliver a seamless, hassle-free financial solution.

We integrate banking into our clients' everyday experiences providing value, security and insight to manage their assets.

We have enabled several of South Africa's SMEs to create easy connections to the marketplace.

OUR STORY

 

Established as a boutique merchant bank in 1994, Grindrod Bank has grown and matured into a highly competitive, specialised financial institution. As a proudly South African company, we have already managed to make a meaningful contribution to the country's transformation agenda through our black industrialist' programme, SME strategy and B-BBEE implementation. We strongly believe that Grindrod Bank has the necessary plans and structures already in place to realise the existence of a black-owned South African investment bank - a journey that began at the dawn of our young democracy.

We take pride in our ability to source talented individuals, with extraordinary drive and professional expertise, who are afforded the autonomy to develop effective and efficient services for our clients and partners. With our dedicated focus on leveraging a well-capitalised balance sheet we have been able to act strategically in navigating the ever-evolving financial landscape to create a truly dynamic, niche bank.

Grindrod Bank is a registered Financial Services (FSP 6317) and Credit Provider (NCRCP25), regulated by the South African Reserve Bank and Financial Services Conduct Authority, authorised to offer a range of products and services. It is a proudly verified B-BBEE company (Level 1 Contributor).

As of 30 July 2021, GCR Ratings (“GCR”) has affirmed the national scale long- and short-term issuer ratings assigned to Grindrod Bank Limited at ‘A-(ZA)’ and ‘A2(ZA)’ respectively; and affirmed the international scale long-term issuer rating at ‘B+’ with outlooks accorded as Stable.

Download the full Ratings Report

CONTACT US

 
GET IN TOUCH

KwaZulu Natal

Physical address
5 Arundel Close, Kingsmead Office Park
Durban, 4001

Postal address
P O Box 3211, Durban, 4000

Tel: +27 31 333 6600
Fax: +27 31 571 0505

Western Cape

Physical address
3rd Floor, The Terraces, 25 Protea Road
Claremont, 7708

Postal address
PostNet Suite 4, Private Bag X1005
Claremont, 7735

Tel: +27 21 702 8360

Gauteng

Physical address
4th Floor, Grindrod Tower, 8a Protea Place
Sandton

Postal address
P O Box 78011, Sandton, 2146

Tel: +27 11 459 1860
Fax: +27 11 388 2341

Free State

Tel: +27 (0) 82 901 4960