Business Summary
- retail and commercial banking (63.8% of net interest income);
- corporate and investment banking (24.5%);
- asset and wealth management (2.7%). The group is also engaged in insurance activity;
- other (9%).
At the end of 2021, the group had ZAR 971.8 billion in current deposits and ZAR 831.7 billion in current loans.
Sales per Business
ZAR in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Nedbank Retail and Business Banking
57.7
%
| 37,052 | 57.5 % | 40,719 | 57.7 % | +9.90% |
Nedbank Corporate and Investment Banking
25.7
%
| 17,096 | 26.5 % | 18,127 | 25.7 % | +6.03% |
Nedbank Africa Regions
7.7
%
| 4,086 | 6.3 % | 5,463 | 7.7 % | +33.70% |
Nedbank Wealth
6.6
%
| 4,928 | 7.6 % | 4,673 | 6.6 % | -5.17% |
Centre
2.3
%
| 1,295 | 2.0 % | 1,640 | 2.3 % | +26.64% |
Sales per region
ZAR in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
South Africa
88.5
%
| 58,094 | 90.1 % | 62,475 | 88.5 % | +7.54% |
African Regions
7.7
%
| 4,086 | 6.3 % | 5,463 | 7.7 % | +33.70% |
Rest of the World
3.8
%
| 2,277 | 3.5 % | 2,684 | 3.8 % | +17.87% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Mike Brown
CEO | Chief Executive Officer | 57 | 17/04/17 |
Michael Davis
DFI | Director of Finance/CFO | 52 | 25/20/25 |
Daleen du Toit
CMP | Compliance Officer | - | - |
Mfundo Nkuhlu
COO | Chief Operating Officer | 58 | 01/04/01 |
Ray Naicker
CTO | Chief Tech/Sci/R&D Officer | 47 | - |
Alfred Visagie
IRC | Investor Relations Contact | 51 | 01/00/01 |
Howard Rauff
PRN | Corporate Officer/Principal | - | 01/01/01 |
Richard Edwards
PRN | Corporate Officer/Principal | - | 18/16/18 |
Karen Owen
PRN | Corporate Officer/Principal | - | 01/19/01 |
Jackie Katzin
SEC | Corporate Secretary | 49 | 01/19/01 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Phumzile Langeni
BRD | Director/Board Member | 49 | 22/22/22 |
Hubert Brody
BRD | Director/Board Member | 60 | 01/17/01 |
Mike Brown
CEO | Chief Executive Officer | 57 | 17/04/17 |
Brian Dames
BRD | Director/Board Member | 58 | 30/14/30 |
Neo Dongwana
BRD | Director/Board Member | 51 | 01/17/01 |
Mfundo Nkuhlu
COO | Chief Operating Officer | 58 | 01/04/01 |
Director/Board Member | 66 | 23/15/23 | |
Director/Board Member | 55 | 01/17/01 | |
Aaron Mminele
CHM | Chairman | 58 | 01/23/01 |
Michael Davis
DFI | Director of Finance/CFO | 52 | 25/20/25 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 488,105,724 | 377,012,516 ( 77.24 %) | 23,539,726 ( 4.823 %) | 77.21 % |
Stock B | 0 | 200,000 | 0 | 0 |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
5,249,014,550 | 28.61% | 99,993,727 $ | |
13,221,821 | 4.97% | 6,801,966 $ | |
INVICTA HOLDINGS LIMITED 7.89% | 540,763 | 7.89% | 2,813,536 $ |
28,500,000 | 5.49% | 2,723,460 $ | |
74,234,882 | 5.54% | 2,207,003 $ | |
361,268 | 0.04% | 57,539 $ |
Company contact information
Nedbank Group Ltd.
135 Rivonia Campus 135 Rivonia Road
2196, Sandton
+27 11 294 4444
http://www.nedbank.co.zaGroup companies
Name | Category and Sector |
---|---|
Nedgroup Investments Money Market Fund
|
Investment Trusts/Mutual Funds
|
Nedgroup Investments Prime Money Market Fund
|
Investment Trusts/Mutual Funds
|
Major Banks
| |
Nedgroup Securities (Pty) Ltd.
Nedgroup Securities (Pty) Ltd. Investment Banks/BrokersFinance Nedgroup Securities (Pty) Ltd. is the brokerage subsidiary of Nedbank Group Ltd. (JSE: NED) in South Africa. Headquartered in Sandton, Nedbank provides brokerage services for retail and institutional investors. |
Investment Banks/Brokers
|
Nedgroup Investments (IOM) Ltd.
Nedgroup Investments (IOM) Ltd. Investment ManagersFinance Nedgroup Investments (IOM) Ltd. (Nedgroup Investments IOM) is a fund management firm headquartered in Douglas, UK. The firm was founded in 1992 and is a subsidiary of Nedbank Group Ltd. (JSE: NED) in South Africa. Nedgroup Investments IOM provides investment management services to the Nedgroup MultiFund range. |
Investment Managers
|
Nedgroup Investment Advisors (UK) Ltd.
Nedgroup Investment Advisors (UK) Ltd. Investment ManagersFinance Nedgroup Investment Advisors (UK) Ltd. (Nedgroup UK) is the investment management subsidiary of Nedgroup International Holdings Ltd., which is owned by Nedbank Group Ltd. (JSE: NED; OTCMKTS: NDBKY) in South Africa. Headquartered in London, Nedgroup UK was founded in 1991 and offers a wide range of investment solutions for retail and institutional investors. |
Investment Managers
|
Nedbank Private Wealth
Nedbank Private Wealth Regional BanksFinance Nedbank Private Wealth provides banking services. The private company is located in UK. |
Regional Banks
|
Nedgroup Investment Advisors (Pty) Ltd.
Nedgroup Investment Advisors (Pty) Ltd. Investment ManagersFinance Nedgroup Investment Advisors (Pty) Ltd. (Nedgroup Investments) is the investment management subsidiary of Nedbank Group Ltd. (JSE: NED) in South Africa. Headquartered in Cape Town, Nedgroup Investments offers a wide range of investment solutions for retail and institutional investors. |
Investment Managers
|
Nedgroup Investments Corporate Money Market Fund
|
Investment Trusts/Mutual Funds
|
Sales per Business
Sales per region
1st Jan change | Capi. | |
---|---|---|
+18.47% | 57TCr | |
+14.32% | 30TCr | |
+17.02% | 25TCr | |
+25.74% | 21TCr | |
+19.57% | 18TCr | |
+23.83% | 17TCr | |
+11.16% | 16TCr | |
+6.22% | 15TCr | |
-14.53% | 13TCr |