Ciko Thomas, group managing executive for personal and private banking at Nedbank, described the transaction as “a pivotal ...

South Africa’s Nedbank Group posted a 6% rise in half-yearly headline earnings on Tuesday, while announcing its intentions to ...

Alain Nkontchou, former Chairman of Ecobank Transnational Incorporated (ETI), has acquired Nedbank’s 21.22 percent in Ecobank ...

South Africa's Nedbank Group has agreed to sell its 21.2% stake in pan-African lender Ecobank to the private investment ...

Ecobank Transnational Inc.’s biggest shareholder plans to sell its stake in the pan-African lender as South Africa’s ...

South Africa's Nedbank Group said on Friday that it had agreed to sell its 21.2% stake in pan-African lender Ecobank to the ...

Nedbank Group Ltd. agreed to sell its stake in Ecobank Transnational Inc. to a company controlled by the former chairman of ...

South Africa's Nedbank Group , amongst the top five lenders in the country, warned on Tuesday that its bad loans would stay elevated for the rest of the year and it could miss its 2025 financial ...

Nedbank is one of Africa’s largest banking groups, with operations in South Africa, Namibia, Eswatini, Mozambique, Lesotho, and Zimbabwe, and offshore in the Isle of Man and Jersey.

South Africa's Nedbank on Wednesday refrained from paying a dividend as its annual profit plunged 56.8%, after the COVID-19 crisis drove up credit impairments and lower interest rates hit revenue.

Nedbank, the first of South Africa's major lenders to report for the period, said the economy had performed worse than expected in the six months to June 30 and cut its annual growth forecast to 0 ...

Domestically focused, it is the least profitable of South Africa's Big Four banks. While Citi's Ghose estimates a 11.9% return on equity for Nedbank, in 2010, he expect 13.3% for Standard Bank, 15 ...