Nedbank Group Limited is a bank holding company, with its principal banking subsidiary being Nedbank Limited. Learn more about the Nedbank Group today.
Nedbank Group Limited ('Nedbank Group') is a bank holding company, with its principal banking subsidiary being Nedbank Limited. The company's ordinary shares have been listed on the Johannesburg Stock Exchange since 1969.
Nedbank Group is South Africa's fourth largest banking group measured by assets, with a strong deposit franchise, the second largest retail deposit base, a client-centric wholesale and retail franchise and a substantial and growing bancassurance and wealth management offering. The group offers a wide range of wholesale and retail banking services through five main business clusters, namely Nedbank Capital, Nedbank Corporate, Nedbank Business Banking, Nedbank Retail and Nedbank Wealth (the cluster in which Nedbank Private Wealth resides). Nedbank Group focuses on southern Africa, with the group positioned as a bank for all - from both a retail and a wholesale banking perspective.
The principal banking services offered by Nedbank Group comprise business, corporate and retail banking, property finance, investment banking, private banking, foreign exchange and securities trading. Nedbank Group also generates income from private equity, credit card issuing and processing services, custodial services, unit trust administration, asset management services and bancassurance.
Nedbank Group's headquarters is in Sandton, Johannesburg, with large operational centres in Durban and Cape Town which are complemented by a regional branch network throughout South Africa and facilities in other southern African countries. These facilities are operated through Nedbank Group's nine subsidiary and/or affiliated banks, as well as through branches and representative offices in certain key global financial centres that serve to meet international banking requirements of the group's SA-based multinational clients.
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