Nedbank 2020 Annual Report

Nedbank 2020 Annual Report

2020 has been a year of ups and downs. In the face of a difficult year, we are proud that we have stayed true to our purpose of using our financial expertise to do good, supporting our clients and employees through the Covid-19 crisis, and contributing to society.


We have remained resilient on key operational, liquidity, and capital metrics, and our leadership has done a commendable job in managing the health and safety of stakeholders, including employees and clients.

What Nedbankers have managed to achieve resonates in the fynbos that we find in the South African landscape – it not only survives against all odds, but actually thrives after being faced with devastation, such as drought or fire.

It’s all about ‘natural resilience’. And this is exactly how we balance the challenges we faced in our business, with the strides made in progressing our strategy and building a Nedbank that is more client-centered, more digital, more agile, and more competitive.

As with the fynbos analogy, if the foundations are strong – like ours – you can withstand the severe conditions and flourish once the environment has improved.

Mike Brown, Chief Executive

Integrated Report

2020 Nedbank Group Integrated Report (single page) [7.7 MB]

2020 Nedbank Group Integrated Report (double page) [7.6 MB]

Supplementary information

Financial reporting

2020 Nedbank Group Annual Results Booklet (single page) [4.5 MB]

2020 Nedbank Group Annual Results Booklet (double page) [4 MB]

2020 Nedbank Group Consolidated Annual Financial Statements [5.4 MB]

2020 Pillar 3 Risk and Capital Management Report [4.5 MB]

2020 Nedbank Group 10-year review [Excel 527 KB]

2020 Nedbank Limited Annual Financial Statements [3.3 MB]

As part of our comprehensive integrated reporting, our 2020 Integrated Report is supplemented by a suite of supplementary reports that are consolidated into three separate reports – a governance, climate and society (social) report.

Governance reporting

Our integrated 2020 Governance Report includes a Governance review, Ethics review, Treating clients fairly review, Financial crime review, Remuneration review and Tax review.

2020 Governance Report (single page) [2.9 MB]

2020 Governance Report (double page) [2.9 MB]

2020 Nedbank Group Notice of 54th AGM [1.9 MB]

2020 Nedbank Limited Notice of AGM [678 KB]

Climate reporting

Our inaugural TCFD Report, is supplemented by our Nedbank Energy Policy and Nedbank Climate Change Position Statement.

2020 Nedbank Group TCFD Report (single page) [5.9 MB]

2020 Nedbank Group TCFD Report (double page) [3.8 MB]

Nedbank Energy Policy [171 KB]

Nedbank Climate Change Position Statement [33 KB]

Society (social) reporting

Our integrated 2020 Society Report includes a Sustainable Development review, People review, Transformation review and Stakeholder Engagement review.

2020 Society Report (single page) [7.4 MB]

2020 Society Report (double page) [7.5 MB]

2020 Global Reporting Standards Index (single page) [393 KB]

2020 Global Reporting Standards Index (double page) [384 KB]

The Independent Assurance Providers’ Limited Assurance Report is included in the 2020 Nedbank Group Integrated Report (pages 102 and 103)


2020 Nedbank Group ESG data table (excel)