Nedbank | |
Company type | Public |
JSE: NED | |
Industry | Banking |
Founded | 1 March 1888 |
Headquarters | Sandton, South Africa |
Area served | Southern Africa |
Key people | Jason Quinn(CEO)
Michael Davis (CFO) |
Products | Financial services |
Revenue | R75.9 billion (2018)[1] |
R51.1 billion (2018) | |
R28.8 billion (2018) | |
Total assets | R1.04 trillion (2018) |
Total equity | R91.3 billion (2018) |
Number of employees | 31,277 (2018) |
Subsidiaries | Nedbank Limited, and others |
Capital ratio | 11,7% (2018) |
Website | www |
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'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]