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The SWIFT code for its primary office is NEDSZAJJ: NEDS identifies Nedbank; ZA is the country code for South Africa; JJ is the code for Johannesburg; Nedbank has not implemented the extended code of 11 characters and all SWIFT transfers to its accounts are directed to the primary office for processing.
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]
Below is a list of countries in Africa by area. [1] Algeria has been the largest country in Africa and the Arab world since the division of Sudan in 2011. The largest African country not located in the Arab world is the Democratic Republic of the Congo located in Central Africa, which is also the second largest in the continent.
The Natal Building Society (NBS) was established as a building society in 1882. [1]In 1998, NBS merged with Boland Bank to form NBS Boland.The Managing Director at that time was John Graham Maxwell.
This is a list of banks in Africa, arranged by country in alphabetical order. Since comprehensive lists are available on a country-by-country basis, only the most important domestic banks are indicated for each country.
A number of units of measurement were used in South Africa to measure quantities like length, mass, capacity, etc. The Imperial system of measurements was made standard in 1922 and the metric system was adopted in 1961. [1]
Since the election of 27 April 1994, South Africa has been divided into nine provinces. They vary widely in size, from the Northern Cape, which covers nearly one-third of the country's land area, to Gauteng, which takes up a mere 1.5%.
The Mzansi Account is a low income transactional banking account that was developed in line with the commitments of South Africa's Financial Sector Charter.The Financial Sector Charter requires banks to make banking more accessible to the nation and, specifically, to increase banking reach to all communities.