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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. [8] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [9] [10]
In the same year a Black Economic Empowerment deal was introduced at Old Mutual South Africa, Nedbank and Mutual & Federal. [ 6 ] In 2006, Old Mutual acquired the Swedish insurer, Skandia , in a $6.5billion deal, bringing additional business in the United Kingdom, several other countries in Europe, Latin America, the Far East and Australia ...
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.
Vitality is a United Kingdom-based company offering private health insurance and life insurance to the UK market. It has approximately 1.8 million members (June 2024 figures). The company is a subsidiary of Discovery Limited, a South Africa-based financial services group listed on the Johannesburg Stock Exchange (JSE).
Momentum Group Limited engages in long and short-term insurance, asset management, savings, investment and employee benefits through its various brands. The Group has subsidiaries in Botswana, Ghana, Gibraltar, Guernsey, Kenya, Lesotho, Mauritius, Namibia, Nigeria, UK, South Africa and Zambia. [3]
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.
This page was last edited on 2 December 2019, at 13:50 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The group owns a number of general insurance brands operating within the United Kingdom, including Direct Line, Direct Line for Business, Churchill, Privilege, Darwin and Green Flag. Direct Line is a company that specialises in selling insurance and other financial services, sold directly to consumers by telephone and the internet.