NED · Nedbank Group

Description

Nedbank Group Ltd. is a bank holding company, which engages in the provision of financial services through its banking subsidiary, Nedbank Ltd. It operates through the following business segments: Corporate and Investment Banking, Retail and Business Banking, Wealth, Centre, and Africa Regions. The Corporate and Investment Banking segment offers a spectrum of transactional, corporate, investment banking, and market solutions. The Retail and Business Banking segment includes banking assurance products and services, as well as transactional accounts, home loans, vehicle and asset finance, cards, personal loans, and investments. The Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. The Centre segment consists of various support services. The Africa Regions segment is responsible for the group's banking operations and expansion activities on the rest of the African continent and has client-facing subsidiaries in Eswatini, Lesotho, Namibia, Mozambique, and Zimbabwe. The company was founded in 1831 and is headquartered in Sandton, South Africa.