Nedbank Group Ltd

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Nedbank Group Ltd
10001-100000 employees

Sandton,
South Africa
http://www.nedbankgroup.co.za

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Nedbank Group Ltd is a bank holding company. Measured by assets, Nedbank Group Ltd is one of the four largest banking groups in South Africa. Nedbank has a strong deposit franchise and more than six million clients. Their principle banking subsidiary is Nedbank Ltd. At 31st December 2012 the group had a market capitalisation of R95,4 billion and their ordinary shares have been listed on the JSE since 1969 and on the Namibian Stock Exchange since 2007. The group’s majority shareholder is Old Mutual, who owns 52% of the group. The group provides services such as wholesale and retail banking, insurance, and asset and wealth management. Their focus is on South Africa with a limited African expansion. They are based in Sandton, Johannesburg with operational centres in Durban and Cape Town, over 750 staffed branches throughout South Africa.

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Nedbank Group Ltd