Money experts who do good

As one of the largest financial services groups on the African continent, we conduct business in manner that is beneficial and uplifting for individuals, families, small or large businesses, and society at large. We offer a wide range of wholesale and retail banking solutions, as well as insurance and asset management offerings through our four frontline business clusters: Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth and Nedbank Africa Regions.

Nedbank Group in a nutshell (December 2023)

Total assets

Total assets

R1,3 trillion

Assets under management

Assets under management

 R448 billion

Headline earnings

Headline earnings

R15,7 billion

CET1 ratio

CET1 ratio

13,5%

Permanent employees

Permanent employees

25 477

Clients

Clients

7,3 million

Top tier client satisfaction metrics

Top tier client satisfaction metrics

#1 in NPS among large SA banks

BBBEE contributor status

BBBEE contributor status

Level 1

Carbon-neutral operations

Carbon-neutral operations

Since 2009

Commitment to zero exposure to fossil-fuel-related activities

Commitment to zero exposure to fossil-fuel-related activities

By 2045

MSCI ESG Rating

MSCI ESG Rating

AAA

(top 5% of global banks)

Our key Nedbank Group pages

About us

About us

Nedbank is one of the largest financial services groups in Africa, offering wholesale and retail banking, as well as insurance, asset management and wealth management services. Learn more about our purpose, vision and values, the targets we have set and our strategy to achieve them, as well as more detail about our businesses and how we differentiate ourselves.

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Our leadership

Our leadership

Our strong board and executive leadership bring years of combined experience and expertise to the table to deliver long-term value for our organisation, investors, stakeholders and society at large. It’s our diversity in leadership that makes Nedbank the bank of choice. Get more detail about the Nedbank board and group leadership team, their experience, skills, track record and other important information.

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Governance

Governance

We are committed to the highest standards of governance, ethics and integrity and do sound business according to key non-negotiables. Learn more about our approach to governance, our board commitees, key policies and procedures, as well as the group’s key regulators and industry bodies.

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Our heritage

Our heritage

Nedbank's history traces back to the early 19th century with the establishment of the Cape of Good Hope Bank in 1831. Through various mergers and acquisitions, Nedbank Group has become one of the leading financial services companies on the African continent.

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Our awards

Our awards

We are proud of our awards and the independent recognistion we receive, not for the statues themselves, but for the positive impact each one represents across business axcellence, technology and digital, as well as ESG. They are a testament to the values we stand by across every facet of what we do.

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Sponsorships

Sponsorships

Nedbank is proud to support a diverse range of initiatives that enrich communities and foster growth in sports, arts, and culture across South Africa.

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Nedbank Group major subsidiary companies