Nedbank 2017 Annual Report

Nedbank 2017 Annual Report

Below is the information on the Nedbank 2017 Annual Report.

Nedbank 2017 Annual Report




Nedbank

Nedbank Ltd is one of the largest banks in South Africa; however, it is one of the newest banks to be incorporated. It is headquartered in Johannesburg. Market capitalization was ZAR:143 billion (approximately US$12.3 billion), as of 27 March 2018.

The bank was founded in 1888 in Amsterdam as the Nederlandsche Bank en Credietvereeniging voor Zuid-Afrika (“Dutch Bank and Credit Union for South Africa”). In the same year the bank opened an office in Pretoria, South African Republic; in 1898 the bank moved its office to Church Square.