Nedbank Group Ltd.

Nedbank Group Ltd.

Nedbank Group Ltd.

Overview
Date Founded

1973

Headquarters

Nedbank 135 Rivonia Campus,135 Rivonia Road,Sandown,Sandton, Gauteng 2196

Type of Company

Public

Employees (Worldwide)

32.4K

Industries

Retail & Commercial Banking

Company Description

Nedbank Group Ltd. is a bank holding company that engages in the provision of financial services through its banking subsidiary, Nedbank Ltd. It operates through the following segments: Nedbank Corporate and Investment Banking; Nedbank Retail and Business Banking; Nedbank Wealth; Rest of Africa; and Centre. The Nedbank Corporate and Investment Banking segment offers a spectrum of transactional, corporate, investment banking, and market solutions. The Nedbank Retail and Business Banking segment involves banking assurance products and services, as well as transactional accounts, home loans, vehicle and asset finance, cards, personal loans, and investments. The Nedbank Wealth segment provides a range of financial services through three divisions of wealth management, asset management, and insurance. The Rest of Africa segment engages in banking operations and expansion activities in the rest of Africa and has client-facing subsidiaries. The Centre segment consists of various support services to Nedbank Group Ltd. which includes group finance, group technology, group strategic planning and economics, group human resources; enterprise governance and compliance affairs. The company was founded in 1973 and is headquartered in Sandton, South Africa.

In The News
African Banker
December 12, 2017
News in brief
South Florida Sun-Sentinel
November 16, 2017
LPGA TOUR
The New York Times
November 6, 2017
Hey! A baboon took my golf ball!
SNL European Financials Daily
November 3, 2017
Old Mutual to retain a minority stake in Nedbank
Subscribe now to see full news coverage
Executives & Employees

Chief Executive Officer & Executive Director

Chief Financial Officer & Executive Director

Chief Operating Officer & Executive Director

Chief Risk Officer

Chief Information Officer

Head-Retail & Business Banking

Group Executive-Strategic Planning & Economics

Group Executive-Human Resources

Group Executive, Enterprise Governance & Compliance, Group Company Secretary

Managing Executive, Nedbank Wealth

Subscribe now to see full list of current and former executives
Board of Directors

Former Chief Executive Officer at Deloitte & Touche (South Africa)

Former Chief Financial Officer at The South African Breweries (Pty) Ltd.

Chief Executive Officer & Executive Director at Nedbank Group Ltd.

Chief Financial Officer & Executive Director at Nedbank Group Ltd.

Chief Operating Officer & Executive Director at Nedbank Group Ltd.

Chairman at Epitome Investments (Pty.) Ltd.

Former Group Head-Audit & Risk at Imperial Holdings Limited

Former Group Executive-Information Management at Transnet SOC Ltd.

Former Chief Executive Officer at Government Communication & Information System

Director, Managed Separation at Old Mutual Plc

Subscribe now to see full list of current and former board members
Paths to Nedbank Group Ltd.
Potential Connections via
Relationship Science
You
Nedbank Group Ltd.
Owners & Shareholders
Details Hidden

Old Mutual South Africa is an active manager which allocates assets between different asset classes including equities, bonds, real estate, cash and alternative assets. Their geographic focus is both local and international.The firm aims to achieve long-term investment returns and provide inflation beating returns for policyholders in accordance with their risk/return profile. Assets are selected by asset managers investing in accordance with a mandate provided by Old Mutual South Africa, which specifies asset allocation limits.Old Mutual South Africa utilizes asset-liability modeling techniques to set the investment mandates, which aim to balance the reasonable expectations of policyholders with the capital considerations arising out of the investment guarantees provided. A management committee approves the recommendations from the mandate managers, including changes in asset allocations and benchmarks.

Details Hidden

PIC manages their investment activities and operations like private sector investment managers. In addition to FSB-compliant mandates, they benchmark their investment performance against market-driven indexes.The firm primarily invests in pension, provident, social security and guardian funds, diversified across listed equities, capital markets, money markets, real estate and the Isibiya Fund. Their public sector investment strategy is influenced by their SRI approach, aiming to embed optimal economic and social practice into their organizational structure and implementation. They manage their fixed-income activities internally, typically comparing bond performance with the All Bond Index. The STeFI index is their benchmark for cash and money markets.PIC manages the majority of their equity portfolio in-house on an enhanced index (passive) basis and the remainder is actively managed externally. They invest in directly held, unlisted and listed real estate. Investments include retail malls, convention centers and hotels, in addition to rural and urban townships and airports in South Africa. Their investments focus on development management, property finance and asset management.The firm's fund was created to participate in projects focusing on job creation, poverty alleviation and economic transfer. They typically supply funding to established entrepreneurs from challenging backgrounds providing from ZAR 20 million to 2 billion in private equity/direct investments, fund of funds and infrastructure investments.

Details Hidden

Coronation AM is an active, fundamental research-based manager with a long-term outlook. They use a common-sense, valuation-driven process to invest in equities, identifying mispriced assets trading at discounts or premiums to their long-term business values.The firm seeks to understand the macro environment in which companies operate by performing original research and constructs concentrated portfolios based on the high-conviction views of their investment team. Their equity research team covers South African, Pan-African and emerging markets.Coronation AM's fixed-income strategy actively combines top-down and bottom-up approaches to construct fixed-income portfolios. All portfolios and investment products reflect the same basic investment views and leverage the Coronation investment process.International assets are managed by the firm's London-based team.

Subscribe now to see full details
Recent Transactions
Details Hidden

Nedbank Group Ltd., Old Mutual Plc purchase Banco Único SA

Details Hidden

Nedbank Group Ltd. purchases GloCell (Pty) Ltd. from Vodacom Pty Ltd.

Details Hidden

Nedbank Group Ltd. purchases Banco Único SA

Subscribe now to see full list of recent transations
Transaction Clients
Investment Advisor

Advised on HarbourVest Partners LLC, Ethos Private Equity Ltd., Actis LLP, Alexander Forbes Ltd. /Private Group purchase Alexander Forbes Ltd.

Transaction Advisors
Accountant

Advised onRemgro Ltd. purchases Kagiso Trust Investments Pty Ltd. from Nedbank Group Ltd.

Accountant

Advised onRemgro Ltd. purchases Kagiso Trust Investments Pty Ltd. from Nedbank Group Ltd.

Investment Advisor

Advised onOld Mutual Plc, Nedbank Group Ltd. purchase BoE Ltd.

Subscribe now to see 5+ more transaction advisors
Subscribe now to see transaction advisors for over 2.5 million organizations
Advisors & Consultants
Subscribe now to see advisors & consultants for over 2.5 million organizations
Legal Advisor

Partner at Morgan, Lewis & Bockius LLP

Legal Advisor

Partner at Freshfields Bruckhaus Deringer LLP

Subscribe now to see advisors & consultants for over 2.5 million organizations
Clients

Blue Label Telecoms Ltd. distributes prepaid secure electronic tokens of value and transactional services within emerging and developing economies. It operates through its segments: South African Distribution, International Distribution, Mobile, Solutions, and Corporate. The South African Distributions segment includes the distribution of physical and virtual prepaid airtime and electricity of the South African mobile or fixed-line network operators and utility suppliers, and the distribution of starter packs in South Africa. The International segment refers to the international distribution of physical and virtual prepaid airtime in India and Mexico, and payment solutions in India as well as the Africa Prepaid Services group. The Mobile segment is the provision of a complete mobile transactional ecosystem and services provisioning platform delivering mobile-centric products and services through any mobile channel, including location-based and WASP services, and music and digital content provision. The Solutions segment refers to the includes marketing of cellular and financial products and services through outbound telemarketing and other channels, provides inbound customer care and technical support, and markets data and analytics services. The Corporate segment performs the head office administration function. The company was founded by Mark Steven Levy and Brett Marlon Levy in 2001 and is headquartered in Johannesburg, South Africa.

Ecobank Transnational, Inc. engages in the provision of wholesale, retail, investment, and transactional banking services. It operates through the following segments: Corporate & Investment, Commercial, and Consumer Banking. The Corporate and Investment Banking segment focus is on transaction banking offering relevant financial solutions to global and regional corporates, public corporates, financial institutions and international organizations. The Consumer Banking segment encompasses personal banking and microfinance, providing convenient, accessible and reliable financial products and services to individual customers, leveraging an extensive branch and automated teller machine network and points of sale, dipsora services as well as mobile, internet and remittances banking platforms. The company was founded in 1985 and is headquartered in Lomé, Togo.

Subscribe now to see clients for over 2.5 million organizations
Subscribe now to see clients for over 2.5 million organizations
Key Stats and Financials As of 2016
Market Capitalization
$141B
Total Enterprise Value
$210B
Earnings Per Share
$21.21
Revenue
$97.4B
Net Profit
$10.1B
Total Debt
$115B
Total Equity
$81.7B
Enterprise Value Sales
2.16x
TEVNet Income
20.75x
Debt TEV
0.55x
Three Year Compounded Annual Growth Rate Of Revenue
11.87%
Five Year Compounded Annual Growth Rate Of Revenue
10.8%
Subscribe now to see full financial details
Suppliers
Accelerate Property Fund Ltd. Real Estate Investment Trusts | Johannesburg, GT

Accelerate Property Fund Ltd. is a property fund, which is formed for the purpose of investing in direct real estate for purpose of income generation and capital growth. It operates through the following segments: Office, Industrial, Retail, and European single-tenant. The Office segment acquires, develops and leases offices. The Industrial segment acquires, develops and leases warehouses and factories. The Retail segment acquires, develops and leases shopping malls, community centres as well as retail centres. The European single-tenant segment acquires, develops and leases single tenant space backed by long-term leases. Accelerate Property Fund was founded on May 16, 2005 and is headquartered in Johannesburg, South Africa.

Publicis Groupe SA Hospitals & Patient Services | Paris, IF

Publicis Groupe SA engages in the advertising industry. Its services include customer relationship management, direct marketing, sales promotion, events management, public relations, corporate, multicultural, and financial communications. The company was founded by Marcel Bleustein-Blanchet in 1926 and is headquartered in Paris, France.

Emira Property Fund Ltd. Real Estate Investment Trusts | Bryanston, GT

Emira Property Fund Ltd. operates as a real estate investment trust. It operates through three segments: Office, Retail and Industrial. The Office segment comprises commercial properties. The Retail segment consists of shopping centres. The Industrial segment includes industrial properties. The company was founded in 1991 and is headquartered in Bryanston, South Africa.

Subscribe now to see 5 more suppliers
Competitors
Barclays Africa Group Ltd. Retail & Commercial Banking

Absa Group Limited (Absa or the Group), listed on the JSE Limited is one of South Africa's largest financial services groups. Absa is a subsidiary of Barclays Bank PLC (Barclays), which owns 55,5%. We offer a complete range of retail, business, corporate and investment banking, insurance and wealth management products and services. The Group's business is conducted primarily in South Africa. It also has equity holdings in banks in Mozambique and Tanzania, representative offices in Namibia and Nigeria and bancassurance operations in Botswana and Mozambique. At 31 December 2012, the Group had 718,2 million shares in issue and a market capitalisation of R117,79 billion. The Group had assets of R807,9 billion, 10,9 million customers, 9 929 automated teller machines and 33 717 permanent employees. Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the USA, Africa and Asia

FirstRand Ltd. Retail & Commercial Banking - Johannesburg, GT

FirstRand Ltd. engages in the provision of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers through its subsidiaries. It operates through the following segments: FNB, RMB, WesBank, and FCC and Other. The FNB segment represents the company's activities in the retail and commercial segments. The RMB segment covers the group's activities in the corporate and investment banking segments. The WesBank segment composes of the group's activities in the vehicle and asset finance in the retail, commercial and corporate segments operating primarily through alliances and joint ventures with leading motor manufacturers, suppliers, and dealer groups. The FCC and Other segment consists of key group-wide functions, including group treasury, finance, tax, enterprise risk management, regulatory risk management and group internal audit. Its products include mortgage loans, credit and debit cards, personal loans and investment products, and services comprise transactional and deposit taking, card acquiring, credit facilities and FNB distribution channels. The company was founded in February 1998 and is headquartered in Johannesburg, South Africa.

Investec Ltd. Retail & Commercial Banking - Johannesburg, GT

Investec Ltd. is an international specialist bank and asset manager company, which engages in the provision of a diverse range of financial products and services. It operates through the following business segments: Asset Management; Wealth and Investment; and Specialist Banking. The Asset Management segment provides investment products and services. The Wealth and Investment segment offers active investment management services for individuals; corporate and executives; and charities and trusts. The Specialist Banking segments comprises of a diverse range of services, which includes advisory, transactional banking, lending, treasury, trading, and investment activities. The company also serves in the South Africa, Australia, and United Kingdom principal markets. Investec was founded in 1974 and is headquartered in Sandton, South Africa.