Grindrod Bank
Grindrod office  

Grindrod Bank

Grindrod Bank Limited (GRDB) is a commercial bank in South Africa established in 1994. It is a competitive niche bank with a particularly strong reputation in property finance. The Bank operates as a subsidiary of Grindrod Limited, a large shipping and logistics company. Grindrod 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, 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. Grindrod Bank, together with UEPS Technologies, has developed one of South Africa’s most innovative retail banking solutions, Sharp!Banking. This is an exciting card-based product, specifically designed to meet the needs of those who have not previously had access to banking services. With over 110 employees, Grindrod 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 June 30, 2015, it had total assets of R8.056 billion (US$0.7 billion) and gross loans and advances of R6.003 billion (US$0.5 billion).

Head office address:
5 Arundel Close
Kingsmead Office Park
Phone: +27 (0) 31 333 6600

Cape Town
Suite 518 Protea Place
40 Dreyer Street, Claremont
Phone: +27 (0)21 492 0200

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

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