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The Nedcor Group was renamed the Nedbank Group on 6 May 2005. In August 2009, Nedbank acquired the 49.9% of Imperial Bank South Africa that it did not own, so Imperial Bank South Africa is wholly owned by Nedbank. [7] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [8] [9]
www.nedbank.co.za NBS (previously known as Natal Building Society ) was one of the largest Independent banks in South Africa before it went through a series of mergers starting in 1998 to become part of Nedbank by 2004.
With more than 1,500 branches in 35 countries, the Ecobank-Nedbank Alliance is the largest banking network in Africa. The alliance was formed in 2008 between the Ecobank Group and the Nedbank Group, one of South Africa's four largest financial services providers, with a growing footprint of operations across the Southern African Development ...
British bank HSBC is in talks to buy a controlling stake in Nedbank, South Africa's fourth-largest bank.HSBC is in talks with insurer Old Mutual, which currently owns the stake, BBC News reported.
BoE Stockbrokers is an authorised financial services provider, [1] and a member of the Nedbank Group. As a South African stockbroking company, BoE Stockbrokers (Pty) Ltd offers services from personal investment advice and investment management to extensive E-commerce facilities, focussing specifically on high-net-worth and affluent individuals, trusts and small institutional clients.
On March 23, 1888, the Nederlandsche Bank en Credietvereniging voor Zuid-Afrika ("Dutch Bank and Credit Union for South Africa") was founded in Amsterdam. The same year, a primary branch office was established in Pretoria, the capital of the then South African Republic (ZAR). By 1898, the bank had already opened four branches in the Republic.
The Nedbank Cup is the current name of South Africa's premier club soccer knockout tournament. While many formats have been used over the years, the tournament has always been based on the idea of giving lower league and amateur teams a chance to compete with clubs from the top league for the cup.
He started working at Nedbank in Cape Town in 1952 as a messenger. [2] He became the managing director of Nedbank in Johannesburg from 1988 until 1990 and became Nedbank's CEO that year until 1994 when he retired. [2] In 1991, he was the president of the Institute of Bankers in South Africa. [2]