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Nedbank Group Limited is a bank holding company, which operates as one of the four largest banking groups in South Africa through its principal banking subsidiaries, Nedbank Limited and Imperial Bank Limited, in which it has a 50,1% interest. The company’s ordinary shares have been listed on JSE Limited since 1969. The group offers a wide range of wholesale and retail banking services through three main business clusters: Nedbank Corporate; Nedbank Capital; and Nedbank Retail. Nedbank Group focuses on southern Africa, with the group positioned to be a bank for all – both from a retail and a wholesale banking perspective. The principal services offered by the group are corporate and retail banking, property finance, investment banking, private banking, foreign exchange and securities trading. Nedbank Group also generates income from private equity, credit card acquiring and processing services, custodial services, collective investments,trust administration, asset management services and bancassurance. Imperial Bank focuses mostly on motor vehicle finance, which it markets through its Motor Finance Corporation (MFC) brand. In addition, it also offers property, medical and aviation finance. Nedbank Group’s head office is in Sandton, Johannesburg, with large operational centres in Durban and Cape Town, which are complemented by an extensive branch and support network throughout South Africa and facilities in Lesotho, Malawi, Namibia, Swaziland and Zimbabwe. These facilities are operated through Nedbank Group’s eight subsidiary and/or affiliated banks, as well as through branches and representative offices in London and on the Isle of Man to meet the international banking requirements of the group’s South African-based multinational and private clients. The Group's vision is to become Southern Africa's most highly rated and respected bank... by our staff, clients, shareholders, regulators and communities. The vision and values of the group are intricately linked to the group's strategy as can be seen in the strategic framework. |
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