How Many Nedbank Branches In South Africa

What is Nedbank?

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management,

and wealth management. Nedbank Limited is a wholly owned subsidiary of Nedbank Group.

How Many Nedbank Branches In South Africa

Nedbank is on a drive to cut back its physical presence, having already reduced its branch footprint to 538 in 2021 from 549 in 2020, and 604 in 2018.

Branch space is also being reduced, it said.

Which Nedbank is South Africa?

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management.

Nedbank Limited is a wholly owned subsidiary of Nedbank Group. Nedbank’s primary market is South Africa.

Who owns Nedbank South Africa?

Name of ownerOwnership (%)
Old Mutual Life Assurance Company Limited (SA)46
Government Employees Pension Fund (SA)11
Public Investment Corporation (SA)10
Coronation Fund Managers (SA)7