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The bank was established in 1996 by Imperial Holdings Limited. In 2001, the Nedbank Group acquired 50.1% controlling interest in the bank. Imperial Holdings retained 49.9% shareholding. In August 2009, the Nedbank Group acquired the 49.9% that it already did not own, thereby becoming the sole owner of the bank. [2] [3]
Cell C is a mobile telecommunications company operating in South Africa, offering voice, data, messaging, and mobile virtual network operator (MVNO) services. The company provides various prepaid and postpaid packages, as well as home internet services. The company's head office is located in Waterfall, Midrand, Gauteng, South Africa.
The headquarters of the bank and its min branch are located on the 14th Floor of Old Mutual Centre, at the corner of Third Street and Jason Moyo Avenue, in Harare, the capital and largest city in Zimbabwe. [1] The geographical coordinates of the bank's headquarters are: 17°49'46.0"S, 31°03'12.0"E (Latitude:-17.829444; Longitude:31.053333). [4]
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]
Jason Quinn (born circa 1975) is the chief executive officer (CEO) designate of Nedbank Group. He previously was CEO in acting capacity, of Absa Group Limited, a financial services conglomerate, with headquarters in Johannesburg, South Africa, and subsidiaries in eleven sub-Saharan countries.
The third mobile cellular telephone operator license was issued on 22 June 2001 to Cell C. On 19 August 2002, ICASA issued new national Mobile Cellular Telephone Service (MCTS) licenses in terms of section 37(1) of the Telecommunications Act to Vodacom and MTN .
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.
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.