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Nedbank Group

Nedbank Group, formed in 2003, is a South African bank with Nedbank Limited as the principal banking subsidiary. The group offers a range of wholesale and retail banking services as well as insurance, asset management and wealth management offering. While its primary market is South Africa, it also operates in 5 countries in the Southern African Development Community, in Lesotho, Mozambique, Namibia, Swaziland and Zimbabwe. It has total assets of R 1.2 trillion and manages R 424 billion of assets. It employs 27,303 staff and serves 7.1 million clients. Its shares have been listed on JSE Limited since 1969 and on the Namibian Stock Exchange since 2007.

Ranking position
#99 /395
Total score
19.9 /100
Banks #53
Measurement area Score Rank (0-395)

Governance and strategy

9.1 /40 #95

Respecting planetary boundaries

3.1 /30 #152

Adhering to societal conventions

7.8 /30 #45

Leading practices

Risks and opportunities

More about the company

South Africa
Results 2021
Net income: ZAR 51.79 billion; Total assets: ZAR 1.22 trillion
Ownership structure
Number of employees

This financial institution is part of the SDG2000, the 2,000 most influential companies

See company profile