Nedbank Ltd

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South Africa
Africa & Middle East

Industry:Banking
Date joined:11 February, 2004

 

Company Profile:

Nedbank Group is one of the largest financial services groups in Africa offering wholesale and retail banking services as well as insurance, asset management and wealth management. In SA we have a strong franchise evidenced by a 17% asset market share.

Outside of SA, we operate in six countries in the Southern African Development Community (SADC), through subsidiaries and banks in Lesotho, Malawi, Mozambique, Namibia, Swaziland and Zimbabwe, and we have representative offices in Angola and Kenya.

Outside Africa we have a presence in key global financial centres to provide international financial services for SA- and Africa-based multinational and high-net-worth clients in Guernsey, Isle of Man, Jersey and London, and we have a representative office in Dubai.

Sustainable development philosophy:

We understand that our success depends on the degree to which we deliver value to society. It is therefore important to understand our role in society and how society can be different because Nedbank is a part of it. Banks play a crucial role in facilitating economic activity and enabling sustainable growth and development by moving capital from where it is to where it is required. A deep understanding of one’s purpose helps to guide strategy and decisionmaking in this regard and should result in an optimal balance between long-term value creation and short-term results. Delivering on our purpose will require the considered development and delivery of products and services that satisfy unmet societal needs, enabling a thriving society, creating long-term value, maintaining trust and ensuring the success of our brand.

Nedbank website:

For Integrated Reporting suite refer:   us/Investor Information Hub  (2017 reports will be published online at end March)

For further information re sustainable development approach refer: us/Green & Caring