Nedbank

The Nedbank Group is a South African financial services conglomerate that provides wholesale and retail banking, as well as insurance, asset management, and wealth management. The Nedbank Group's completely owned subsidiary, Nedbank Limited, is a totally owned subsidiary of the Nedbank Group.

Nedbank Limited is a Nedbank Firm owned financial services group in South Africa that provides retail banking, asset management, wealth management, wholesale, and insurance services. Although the bank's total capital fell 10% to $4.6 billion and assets fell 8% to $67.5 billion, the falls were smaller than the decrease in the rand rate, indicating some currency gain. Nedbank, on the other hand, drops from third to sixth place, with a global ranking of 177, up nine places from last year's 186. In terms of domestic loans, Nedbank has a 20% market share, while NBL is the industry leader in asset-based lending and commercial real estate finance.

Founded: March 1, 1888
Headquarters: Sandton, South Africa
Revenue: $4.6 billion
Website: https://www.nedbank.co.za/content/nedbank/desktop/gt/en/personal.html