NEDBANK GROUP LTD

NEDBANK GROUP LTD Organogram

Nedbank Group Ltd is the holding company for a financial services group offering a wide range of wholesale and retail banking services as well as insurance, asset management, and wealth management solutions. The group has subsidiaries and banks in South Africa, Lesotho, Mozambique, Namibia, Eswatini, and Zimbabwe, with representative offices in Kenya. \r\n\r\nAs of 31 December 2023, operations included:\r\n• 110,000 point-off sale devices and 547 outlets\r\n• 4,199 - ATMs\r\n• 7.3 million clients\r\n• 59 core IT systems\r\n• Technology platform investment - R10.7bn\r\n\r\nAssets under management as of 31 December 2023 amounted to R448.0bn