Nedbank
Nedbank is a major South African banking and financial services group headquartered in Johannesburg. The group operates primarily in South Africa and also has a presence in other African countries, the United Kingdom and the Isle of Man. Nedbank is one of the four largest banking groups in South Africa, alongside Standard Bank, FirstRand and Absa. It is a majority-owned subsidiary of Old Mutual, a financial services conglomerate, though it is separately listed on the Johannesburg Stock Exchange. The bank provides a comprehensive range of retail, commercial, corporate and investment banking services, as well as wealth management and insurance products. Its core business segments include Nedbank Retail and Business Banking, Nedbank Corporate and Investment Banking, and Nedbank Wealth. Nedbank serves millions of individual and business clients across its branch network, digital platforms and automated channels. The group employs tens of thousands of people. Nedbank is active in economic research and regularly publishes analysis and forecasts on South African and regional economic trends, including inflation, interest rates, currency movements and sector performance. The bank was formed in 1888 as the Netherlands Bank of South Africa and adopted the Nedbank name in 1971. It has grown through organic expansion and acquisitions to become a significant player in the South African financial sector.
Nedbank Updates
South African rand steady ahead of economic data
By: Reuters 29th May 2026 The South African rand was little changed in early trade on Friday as investors awaited monthly data releases from the central bank, the revenue... →
Gold mining on City of Gold's doorstep wins broader bank support 
By: Martin Creamer 21st May 2026 A binding term sheet for a senior loan facility of up to a R875-million has been secured by West Wits Mining, which is reviving gold mining on the... →
South African rand steady before local inflation reading
By: Reuters 20th May 2026 The South African rand was steady in early trade on Wednesday, ahead of the release of inflation data which is expected to reflect pressures from... →
South African rand gains on weaker dollar, optimism over potential US-Iran deal
By: Reuters 8th May 2026 The South African rand gained against a weaker dollar in early trade on Friday, as investors remained optimistic about a potential US-Iran peace... →
South African rand slips ahead of Fed decision amid Iran war uncertainty
By: Reuters 29th April 2026 The South African rand weakened in early trade on Wednesday as investors waited for the US Federal Reserve’s interest rate decision later in the... →
South African inflation picks up to 3.1% y/y in March, as expected
By: Reuters 22nd April 2026 South Africa's headline consumer inflation edged up as expected last month, but analysts said the increase would be far larger in April when fuel... →
Home Affairs exceeds 110 bank branches following FNB joining digital partnership rollout
1st April 2026 The Department of Home Affairs has reached yet another major milestone on its digital transformation journey. The Department has exceeded its own... →
Daily Podcast – March 23, 2026
By: Thabi Shomolekae 23rd March 2026 Making headlines: Ramaphosa urges ‘genuine’ public, private health sector collaboration over NHI; Business entities outline risks Middle East... →
Business entities outline risks Middle East conflict poses for South Africa
By: Tasneem Bulbulia 23rd March 2026 The war in the Middle East is likely to harm the global economy and South Africa’s government needs to support local businesses in the work to... →
GCIS refutes claim Smart ID rollout part of DA agenda
By: Thabi Shomolekae 11th March 2026 The Government Communication and Information System on Wednesday clarified that the partnership between the Department of Home Affairs and banks... →
