Nedbank South Africa
Nedbank South Africa
About

Nedbank Group is incorporated in the Republic of South Africa, with the registration number 1966/010630/06. Our ordinary shares have been listed on JSE Limited (the JSE) since 1969 under the share code: NED, on the Namibian Stock Exchange since 2007 under the share code: NBK, as well as on A2X markets (A2X) since 2022 under the share code: NED. Our ISIN is ZAE000004875.

We offer the following solutions through our frontline clusters, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, and Nedbank Africa Regions:

  • A wide range of wholesale and retail banking services.
  • A growing insurance, asset management, and wealth management offering.

Our Presence

Nedbank Group's primary market is South Africa; however, we are continuing to expand into the rest of Africa. Outside South Africa, we operate in five countries in the Southern African Development Community (SADC), through subsidiaries and banks in Lesotho, Mozambique, Namibia, eSwatini (Swaziland), and Zimbabwe. In Central and West Africa, we have a strategic alliance with Ecobank Transnational Incorporated (ETI) and representative offices in Angola and Kenya. Outside Africa, we have a presence in key global financial centres to provide international financial services for Africa-based multinational and high-net-worth clients, in Guernsey, Isle of Man, Jersey, and London, and we have a representative office in Dubai.

Facts About Us

Key facts about Nedbank Group at 31 December 2023:

  • Total assets: R1.3 trillion
  • Assets under management: R448 billion
  • Headline earnings: R15.7 billion
  • CET1 ratio: 13.5%
  • Outlets: 626
  • ATMs: 4,398
  • Permanent employees: 25,477
  • Clients: 7.3 million
  • Digitally active clients: 2.9 million
  • Top tier client satisfaction metrics: #1 in NPS among SA banks
  • Country presence: 39 in Africa through our Ecobank alliance
  • BBBEE contributor status: Level 1 (6 years in a row)
  • Carbon-neutral operations
  • Commitment to zero exposure to fossil-fuel-related activities by 2045
  • MSCI ESG Rating: AAA
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