FirstRand Bank India offers a comprehensive range of products and solutions, which cover all aspects of risk relating to clients' interest rate, currency and commodity exposures, as well as our innovative structured funding solutions.
Foreign exchange forwards
We offer foreign exchange (FX) forwards in all the major currency pairs, including rand-rupee forwards. Along with excellent execution capabilities, FirstRand Bank India offers a best-in-class, in-house African Currency Research Desk to assist clients with navigating their African business effectively. The RMB global markets research team offers clients high quality, objective research in the fixed income, currency and credit markets.
Structured products and swaps
Our flexible hedging solutions through options and swaps allow us to hedge clients' short-term trade exposure as well as long-term capital account exposures (ECBs, foreign currency term loans) effectively.
The flexibility of these hedging solutions combined with our advisory offering enables clients to take an informed call on controlling risks and managing these in an informed manner.
Commodity hedging suite
In close coordination with our global markets team in South Africa, we offer our clients hedging solutions across crude, metals and agri commodities. This is a unique offering, which allows our clients access to over the counter (OTC) hedging solutions in the commodity space.
Cash and spot transactions
We pride ourselves in offering clients highly competitive rates and excellent turnaround times when they need to convert foreign currency receivables or make outward payments from India.