ReNaissance Financial Holdings Limited ('RFHL') is a composite investment holding company with interests spanning investment banking, insurance, and property investment. The company has developed core competencies and critical mass that are being leveraged to propel it into a competitive and fully diversified investment group, with interests in both financial and non-financial sectors. Key to this success, is the human and intellectual capital the group espouses, as well as the relentless desire for wealth creation, premised on the development and implementation of broader, more innovative and pragmatic financial solutions.
The RFHL group dates back to October 1999 when ReNaissance Advisory Services (Private) Limited(“RAS”) was incorporated as a specialist advisory services boutique, following a careful and thorough market assessment, which identified a gap within the financial advisory services market in Zimbabwe and the region.
ReNaissance Merchant Bank Limited (vist website >>)
ReNaissance Merchant Bank Limited, a private sector initiative, was incorporated in October 2001 upon licensing by the Reserve Bank of Zimbabwe. The predecessor, RAS was reversed into the merchant bank. Since inception, the bank has concentrated on the development of a niche market providing valuable services to a wide range of customers. Our customer base covers the growth sectors of the economy viz commerce, manufacturing, services and export with focus on well-managed medium to large scale corporate entities, and high net worth individuals. The Bank's commitment to be a resourceful merchant bank is reflected in its appreciable growth over the period since its inception. Our concept has, therefore, proven to be most appropriate – a bank that combines the strength of solid experience in traditional banking with an unparalleled ability to innovate.
In June 2003, a restructuring to align the different asset classes in operation was undertaken. Aside from positioning future asset classes, the restructuring created a common investment vehicle through which ownership of existing asset classes fell. The investment vehicle created to own and manage these assets is RFHL.
At ReNaissance Merchant Bank Limited, the true measure of our achievement is the success of our customers who have benefited from our philosophy of support for the private sector and our support of the Government's initiatives aimed at the development of the private sector and the wider economy. In this regard, the bank has nurtured companies in various sectors including telecommunications, petroleum, mining, agricultural, manufacturing and the service industry.
for latest Financial Results (click here >>) |