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Nedbank Group offers a wide range of wholesale and retail banking services through three main business clusters, namely Nedbank Corporate, Nedbank Capital and Nedbank Retail. After significant growth over the last few years Nedbank Business Banking was separated from the Nedbank Corporate business cluster to form a fourth business cluster from January 2009. Nedbank Group focuses on southern Africa, with the group positioned as a bank for all – from both a retail and a wholesale banking perspective.
The principal services offered by Nedbank Group comprise business, corporate and retail banking, property finance, investment banking, private banking, foreign exchange, and securities trading. Nedbank Group also generates income from private equity, credit card issuing and processing services, custodial services, unit trust administration, asset management services and bancassurance.
Imperial Bank focuses mostly on motor vehicle finance, which is marketed through its Motor Finance Corporation brand. It also offers property, professional and supplier asset finance.
Nedbank Group’s headquarters are in Sandton, with large operational centres in Durban and Cape Town, which are complemented by a regional network throughout South Africa and facilities in other southern African countries. These facilities are operated through Nedbank Group’s 10 subsidiary and/or affiliated banks, as well as through branches and representative offices in certain key global financial centres that serve to meet the international banking requirements of the group’s South African-based multinational clients.
| This page was updated on 24 June, 2009 |  Return to top |
