Nedbank Ltd - Company Profile
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Nedbank Ltd (Nedbank), a subsidiary of Nedbank Group Ltd, is a banking and other financial solutions provider. It offers savings accounts, investment accounts, fixed deposits, credit cards, debit cards, home loans, car loans, personal loans, student loans, and online banking solutions. The bank offers insurance coverage for life, funeral, accident and health, vehicle, home, travel, commercial property, credit and income protection, business, and general liability. It also provides various wealth management, advisory, estate planning, financial planning, and trust services. The bank has operations in South Africa and other African countries, as well as, in European countries, and Asian countries. Nedbank is headquartered in Sandton, Gauteng, South Africa.
Headquarters
South Africa
Address
135 Rivonia Road, Sandown, Sandton, Gauteng, 2196
Website
www.nedbank.co.za
Telephone
27 860 555111
Industry
Financial Services
Revenue (2025)
$8.4B
Nedbank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits: | Cash Management |
| Savings | Treasury Management |
| Fixed Deposits | Liquidity Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In September, the bank launched Nedbank Connect, a mobile virtual network operator service for its banking clients, powered by MTN South Africa. |
| 2025 | Plans/Strategy | In March, the bank and Norfund invested US$31 million to acquire a minority stake in Pele Energy Group. |
| 2024 | Corporate Awards | In July, the bank was recognized as the Best Bank for Transaction Banking Services in Southern Africa and the Best Retail Bank in South Africa. |
Competitor Comparison
| Key Parameters | Nedbank Ltd | Standard Bank Group Ltd | Absa Bank Ltd | Investec Bank Ltd | FirstRand Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | South Africa | South Africa | South Africa | South Africa |
| City | Sandton | Johannesburg | Johannesburg | Johannesburg | Johannesburg |
| State/Province | Gauteng | - | Gauteng | Gauteng | Gauteng |
| No. of Employees | - | 50,451 | 30,627 | - | 44,916 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jason Quinn | Director; Chief Executive Officer | Executive Board | 2024 | - |
| Michael Davis | Chief Financial Officer; Director | Executive Board | 2020 | - |
| Mfundo Clement Nkuhlu | Director; Chief Operating Officer | Executive Board | 2015 | - |
| Daniel Mminele | Chairman | Non Executive Board | 2023 | - |
| Jackie Katzin | Secretary | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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