Company Information

Get to know Grobank

Originally established as the South African Bank of Athens in 1947, the institution was acquired by AFGRI Group Holdings in 2018 and rebranded to Grobank Limited. As Grobank, its mission was to be the premier partner in food, agribusiness, and banking, focusing on providing specialized financial services to the agricultural sector. In March 2021, Nigeria’s Access Bank Plc acquired a controlling stake in Grobank, and by May 2021, the bank was officially rebranded to Access Bank South Africa Limited, shifting its focus to a full-service commercial banking model while leveraging its agricultural expertise.

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Financial BankingPRIMARY
Financial Other Service

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Grobank

South Africa

Founded in

1947 (79 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.