Nedbank

In addition to traditional banking activities, including wholesale and retail banking, the Nedbank Group also provides services in the areas of insurance, asset management, and wealth management. Nedbank Limited operates independently but is completely owned by Nedbank Group.

Cape Town is home to a Nedbank branch. Nedbank serves primarily the South African market. Nedbank has branches in Angola and Kenya in addition to its main location, as well as subsidiaries and banks in Eswatini, Lesotho, Malawi, Mozambique, Namibia, and Zimbabwe. Nedbank has offices in Guernsey, the Isle of Man, Jersey, the United Kingdom, and the United Arab Emirates to serve clients situated in Africa who require international banking services.

Johannesburg is the home of Nedbank. In April 2023, Nedbank was worth $6.24 billion on the stock market. With this market capitalization, Nedbank is the 2062nd most valuable corporation in the world. Nedbank has reported a TTM profit of $3.38 billion in its most recent financial statements. Revenue for the year 2021 was $3.38 B, down from $3.44 B in 2020.

Founded: 1 March 1888
Headquarters: Sandton, South Africa
Website: www.nedbank.co.za