Private company

Grindrod Bank

South African commercial bank

Grindrod Bank (GRDB) is a commercial bank in South Africa. It is licensed as a "locally-controlled financial institution" by the South African Reserve Bank, the national banking regulator.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1
  • Industryfinancial services1
  • HeadquartersJohannesburg1
  • Websitewww.grindrodbank.co.za
  • Legal formPublic Company3
  • LEI378900C791F626C476733
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered address5 Arundel Close, 3211 Durban, South Africa3
  • Registered withCompanies and Intellectual Property Commission, 1994/007994/063

Grindrod Bank (GRDB) is a commercial bank in South Africa. It is licensed as a "locally-controlled financial institution" by the South African Reserve Bank, the national banking regulator.2

Corporate structure

Grindrod Bank is part of a group headed by SOUTH AFRICAN RESERVE BANK. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

The bank was established in 1994 as a subsidiary of Grindrod Limited. The bank maintains headquarters in Durban, with offices in Johannesburg, Pretoria and Cape Town. In 2006, it acquired 100% of the assets of Marriott Merchant Bank. Grindrod Bank focuses on meeting the needs of high-net-worth individuals, large corporations and institutions.

From Wikipedia’s article on Grindrod Bank, shared under CC BY-SA 4.0.4

Products and brands

  • loan

Listed on Wikidata.1

As of January 2020, Grindrod Bank maintains a branch network in the cities of Johannesburg, Durban, Pretoria and Cape Town at the following locations:

Durban Head Office & Branch - 1st Floor North, 20 Kingsmead Boulevard, Kingsmead Office Park, Durban

Johannesburg Branch - 4th Floor, Grindrod Tower, 8a Protea Place, Sandton, Johannesburg

Pretoria Branch - 1st Floor, Building 21, Oxford Office Park, 3 Bauhinia Street, Centurion, Pretoria

Read the full text

Cape Town Branch - 3rd floor, The Terraces, 25 Protea Road, Claremont, Cape Town

From Wikipedia’s article on Grindrod Bank, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company (GLEIF)

Ultimate parent

Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

In May 2022, South African media reported that African Bank had offered ZAR:1.5 billion (approx. USD:97 million) to acquire Grindrod Bank and its holding company Grindrod Financial Holdings. The deal requires both shareholder and regulatory approvals.

From Wikipedia’s article on Grindrod Bank, shared under CC BY-SA 4.0.4

Timeline

  1. Nov 1, 2022Parent Directly consolidated by African Bank Limited3
  2. 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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