All the help South African banks are offering consumers due to Covid-19

2020-04-01 12:28

Most of the assistance comes in the form of a debt repayment holiday.

Ex-Old Mutual CEO Peter Moyo quits Nedbank board

2020-03-20 09:36

Moyo's resignation from his non-executive post at Nedbank comes during a protracted legal battle with Old Mutual.

Tips to start saving right now

2020-03-03 17:37

When starting your savings journey, contribute the maximum tax-free allocation and then explore further options that suit your risk appetite and profile, says an expert.

Weak economy, increase in bad debts hit Nedbank profit

2020-03-03 09:59

iIs profit fall by more than 7% due to rising bad debts and weaker demand for loans amid “recessionary-like conditions”.

Partner with Nedbank to craft innovative financing solutions for complex business challenges

2020-01-28 10:02

Why not partner with a team of highly knowledgeable specialists who see the bigger picture by finding innovative solutions around complex challenges such as renewable-energy financing, recycling and water treatment initiatives to transform your business?

An investment in this SA giant a year ago would have delivered an incredible 290% return

2020-01-02 14:29

The JSE's all share index gained 8% in 2019 - but this number belies the diverging fortunes of different sectors.

Consumers win as disruptors force banks to lower fees

2019-12-03 17:11

According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.

Court can stop bank strike on Wednesday

2019-09-23 15:36

Business Unity South Africa, representing SA's major banks, has filed a court application to interdict a planned bank strike.

Don't bank on digital disruptors, says Nedbank CEO

2019-08-29 13:48

The future of banking will be technology-led, but it remains unclear whether new players will be able to compete with traditional banking institutions in terms of scale and profitability, Nedbank [JSE:NED] chief executive officer Mike Brown said on Wednesday.

R3.2m partnership to help marginalised entrepreneurs

2019-06-28 19:06

The RLabs Innovation and Entrepreneurship Programme was enabled by a R3 220 000 partnership with Nedbank.


Coronavirus: Nedbank offers to help struggling clients, with debt holidays or more credit

2020-03-23 08:38

Nedbank says it will offer individual solutions to clients who are suffering cashflow challenges due to the coronavirus crisis.

ANALYSIS | How banks were battered in 2019

2020-03-15 12:34

The Big Four banks grew earnings by 2.1% in the 2019 financial year, noticeably below the 8.7% they achieved in 2018.

Clients are struggling, says Nedbank on bad debt surge

2020-03-03 14:23

Nedbank recorded a 66% jump in impairments in the year ended in December, and its credit loss ratio deteriorated to to 82 basis points from 53 bsp in December 2018.

New head for Nedbank Corporate Investment Banking as veteran Brian Kennedy retires

2020-02-21 20:25

Nedbank on Friday announced its group executive for corporate and investment banking Brian Kennedy will retire on March 31, 2020.

Nedbank's Brian Kennedy seeks new role after retirement - maybe even at a parastatal

2020-01-16 12:41

Kennedy is ready to take up a new challenge when he retires as head of corporate and investment banking - perhaps even at one of the ailing state-owned companies.

Nedbank to dispose of Malawi operations

2019-12-10 13:08

Following a strategic review by Nedbank Group, the financial services provider will dispose of its Malawi operations.

ANALYSIS: How Ramaphosa governs and his plans to change the economy

2019-11-12 15:49

When Ramaphosa took over from Jacob Zuma in early 2018 he vowed to rebuild the ethical foundations of the state and revitalise the economy.

ANALYSIS: Ramaphosa weathers first 100 days with economy on the skids

2019-09-05 21:22

Confronted by an economy that is battling to attract sound growth and stem the rising tide of unemployment, President Cyril Ramaphosa’s first 100 days in office saw him battle multiple headwinds.

How user experience drives payment innovation

2019-08-08 08:22

By Chipo Mushwana, Divisional Executive of Emerging Payments at Nedbank.

SARB likely to cut rates at next meeting – economist

2019-06-21 12:26

SARB is anticipated to cut the repo rate at the next meeting of its MPC, says Nicky Weimar, senior economist at Nedbank.

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