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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.
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]
The application should be filed with the court prior to the application; the applicant may not simply turn up with it on date of application. It must be on the roll. A copy of the application must be given to the “consulting party” where the debtor is a business owner. The consulting party will usually be a trade union.
Edward Nathan & Friedland was formed in 1905. In 1999, Edward Nathan & Friedland was bought by Nedbank for R40 million. After an exodus of clients and lawyers, as well as deeming the investment non-core, in 2004, Nedbank sold Edward Nathan & Friedland back to 47 directors for R50 million. [6]
The 2023–24 Nedbank Cup was the 2023–24 edition of South Africa's premier knockout club football (soccer) competition, the Nedbank Cup. It was the 52nd season of the competition, and 17th under its current sponsor. [1] It was won by defending champions Orlando Pirates, who defeated Mamelodi Sundowns 2–1 in the final.
The 2021–22 Nedbank Cup was the 2021–22 edition of South Africa's premier knockout club football (soccer) competition, the Nedbank Cup. Mamelodi Sundowns won the competition after defeating Marumo Gallants in the final.
In 1998, the Bidvest Group acquired Rennies Foreign Exchange, as part of the acquisition of the Rennies Group.. In 2000, following the issuance of a banking license by the South African Reserve Bank, Rennies Foreign Exchange became Rennies Bank.
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.