Company Profile

The RCS Group is an independent, financial services company that operates in South Africa, Namibia and Botswana.  Since its inception in 1999 RCS has provided credit and financial services to more than one million customers.

From its humble beginnings as a specialist personal loans provider it has expanded the available product range offered to customers to include private label cards, retail cards, personal loans, home loans and insurance.

The major shareholders in RCS Group are The Foschini Group (55%)and Standard Bank (45%).  Both the shareholders are listed on the Johannesburg Stock Exchange.

At RCS we pride ourselves on our expertise in consumer lending, direct marketing, risk and analytics and currently have a staff compliment in excess of 850.

We actively support the National Credit Act, promote responsible lending and are a leading industry player in support of government's objective to combat over-indebtedness and reckless lending.

Core Purpose and Behaviors

At the RCS Group our core purpose is:

To improve people’s lifestyles by being innovative in offering desirable and accessible credit products.

We pursue our core purpose in our daily activities by displaying certain behaviors as we interact with our customers, merchants, the community, other stakeholders and one another.  These behaviors guide is in all our actions and have become part of the RCS DNA.

• We are PASSIONATE people that are accountable to deal with issues in a proactive, responsible and energetic way
• We are OPTIMISTIC about the future, resiliently dealing with the change that it brings and we believe that the best is yet to come
• We are INFORMED due to our thirst for knowledge and engaging in our sharing of knowledge
• We strive to be UNCOMPLICATED in all we do and to simplify our business.

Group Structure

The RCS Group is structured into two main lines of business, each offering several unique products and ably supported by some group functions.

TRANSACTIONAL FINANCE

The transactional finance line of business focuses on all card related service offerings.  We currently have two primary divisions within this line of business.

RCS General Purpose Card

Private Label

FIXED TERM FINANCE

The Fixed Term Finance line of business provides loan and insurance services under the RCS brand and includes the following primary product lines:

Our Leadership Team

Our leadership team has a good mix of experience in financial services and retail.  They also have extensive experience in establishing and building new businesses – all having been part of the development of a number of the RCS business entities over the years.

Schalk van der Merwe

RCS Group Chief Executive Officer – CEO@rcsgroup.co.za

Jaco Snyman

Chief Financial Officer – CFO@rcsgroup.co.za

Rory Kew

Chief Risk Officer – CRO@rcsgroup.co.za

Leon du Toit

Chief Transformation Officer – CTO@rcsgroup.co.za

Regan Adams

Chief Operating Officer: Transactional Finance – COOTF@rcsgroup.co.za

Karin McGeachie

Chief Operating Officer: Fixed Term Finance – COOFTF@rcsgroup.co.za

Investor Information

Our annual results are contained in the annual report of The Foschini Group.  This information is accessible through The Foschini Group website or by following this weblink - http://www.foschinigroup.co.za and finding the relevant information under the investor relations tab.