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 offers various wealth management, advisory, 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.
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Products and Services
Products | Services |
---|---|
Deposits: | Cash Management |
Savings | Treasury Management |
Investment Accounts | 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 |
---|---|---|
2023 | Contracts/Agreements | In November, the bank partnered with Agrico to transform financing for cutting-edge center pivots, empowering farmers with accessible funding. |
2023 | Contracts/Agreements | In August, the company partnered with AWPower to offer its customers enhanced value and quicker access to customized solar energy solutions that cater to their specific requirements. |
2022 | Contracts/Agreements | In August, Nedbank Commercial Banking partnered with Opportunity Network for its Customers. |
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 |
No. of Employees | - | 50,451 | 30,627 | - | 44,916 |
Entity Type | Private | Public | Public | Private | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Michael Davis | Chief Financial Officer; Director | Executive Board | 2020 | - |
Mfundo Clement Nkuhlu | Chief Operating Officer; Director | Executive Board | 2015 | - |
Michael William Thomas Brown | Chief Executive; Director | Executive Board | 2004 | - |
Hubert Brody | Director | Non Executive Board | 2017 | - |
Daniel Mminele | Chair-Designate; Director | Executive Board | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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