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 verified B-BBEE company (Level 2 Contributor).
As of 10 July 2020, 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.
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