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About the company: Nedbank Group Ltd [JSE:NED]

by , 09 June 2015

Nedbank is one of the top four banks in South Africa with over R810 billion in assets. It's one of the Johannesburg Stock Exchange's top 40 companies...

Full name: Nedbank Group Limited
Short name: Nedbank
Ticker: NED
Sector: Banks – banks

Five top facts about Nedbank Group

Fact #1:
Nedbank Group employs around 30,500 people who work in its branches and offices in South Africa, other southern African countries and key financial centres across the world. The company has 7.1 million clients.

Fact #2:
Nedbank Group has a listing on the Johannesburg Stock Exchange under ticker NED. The company listed in 1969. Nedbank Group also has a listing on the Namibian Stock Exchange. Old Mutual [JSE:OML] is the largest shareholder of Nedbank Group, holding 54%.

Fact #3:
Nedbank Group’s roots go all the way back to the early 1800s, starting life at the Cape of Good Hope Bank. Over the years there have been many changes, including the company listing on the stock exchange.

Fact #4:
Nedbank Group has five main divisions:

  • Nedbank Capital;
  • Nedbank Corporate;
  • Nedbank Business Banking;
  • Nedbank Retail; and
  • Nedbank Wealth.

Fact #5:
At the 2014 African Banker Awards, Nedbank Group received the socially responsible bank of the year award.

Chart of Nedbank Group’s share price

Chart of Nedbank Group's share price

Financial information

For more financial information about Nedbank, click here.

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About the company: Nedbank Group Ltd [JSE:NED]
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