Nedbank's 2024 performance reflects growth amid challenges, strong strategy execution, and a positive outlook for 2025.

JOHANNESBURG (Reuters) -South Africa's Nedbank Group reported an 8% rise ... which represents the difference between earnings from loans and what banks pay on deposits - nudged up by 1% to 41.8 ...

The big-four bank completes its nine-year “Managed Evolution” IT modernisation, and will continue investing in emerging technologies, such as AI and GenAI.

Nedbank Corporate and Investment Bank (Nedbank CIB) has been awarded the Impact loan of the year for structuring a landmark ZAR2.5 billion ($140 million) green loan to support the construction of ...

The investment is the second leg to a larger transaction where the company raised $135 million in a structured loan from Nedbank, Norfund and South Africa’s Industrial Development Corp., said ...

Nedbank Group and Norwegian investment firm Norfund are acquiring a “substantial minority” stake in a renewable energy ...

South Africa’s biggest banks have shown varied share price movements over the last decade, ranging from 5% to 660%.

South Africa’s Nedbank Group Ltd. and Norwegian investment firm Norfund are acquiring a “substantial minority” stake in a ...

The investment is the second leg to a larger transaction where the company raised $135 million in a structured loan from Nedbank, Norfund and South Africa’s Industrial Development Corp., said ...