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FirstRand’sdisposalofitsstakeinARCIL

RMB is proud to have advised FirsRand Bank on the disposal of its shareholding in Asset Reconstruction Company (India) Limited (ARCIL)

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Rand Merchant Bank is proud to have advised FirsRand Bank on the disposal of its shareholding in Asset Reconstruction Company (India) Limited (ARCIL), India's third largest asset reconstruction company, to Avenue Capital Group, a leading USA-based investor. This transaction endorses RMB's capabilities in the financial services sector and its ability to deliver investment banking solutions to its clients.

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