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Nedbank information


Nedbank Group Limited
Trade name
Nedbank
Company typePublic
Traded as
JSE: NED
IndustryBanking
Founded1 March 1888; 136 years ago (1888-03-01)
HeadquartersSandton, South Africa
Area served
Southern Africa
Key people
Mike Brown (CEO)

Michael Davis (CFO)
Mfundo Nkuhlu (COO)
David Crewe-Brown (CRF)

Daniel Mminele (Chairman)
ProductsFinancial services
RevenueIncrease R75.9 billion (2018)[1]
Operating income
Increase R51.1 billion (2018)
Net income
Increase R28.8 billion (2018)
Total assetsIncrease R1.04 trillion (2018)
Total equityIncrease R91.3 billion (2018)
Number of employees
31,277 (2018)
SubsidiariesNedbank Limited, and others
Capital ratioDecrease 11,7% (2018)
Websitewww.nedbank.co.za

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. Nedbank Limited is a wholly owned subsidiary of Nedbank Group.

Nedbank regional office in Cape Town, South Africa

Nedbank's primary market is South Africa. Nedbank also operates in five other countries in the Southern African Development Community (SADC), through subsidiaries and banks in Eswatini, Lesotho, Mozambique, Namibia and Zimbabwe, as well as offices in Ghana and Kenya. Outside Africa, Nedbank provide international financial services in the Isle of Man, Jersey, Guernsey, the United Kingdom and the United Arab Emirates.[2]

Nedbank is headquartered in Sandton, north of Johannesburg.[3]

  1. ^ "Nedbank Group Preliminary Audited Results for the year ended 31 December 2018" (PDF). 30 December 2018. Retrieved 18 January 2020.
  2. ^ "JAC Group appointed by Nedbank". JAC Group. 10 August 2020. Retrieved 23 April 2022.
  3. ^ "Nedbank Group Ltd". Bloomberg News.

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