Nedbank's rebrand of Moz's 6th-largest bank a start to exploring more opportunities in Africa

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Nedbank rebranded Banco Único, taking over the sixth-largest bank in Mozambique.
Nedbank rebranded Banco Único, taking over the sixth-largest bank in Mozambique.
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Nedbank has rebranded its Mozambique operations, Banco Único, in its green colours. The Mike Brown-headed bank has held the stake in Banco Único since June 2014. But in 2020, it decided to increase it to 87.5%, making Banco Único almost wholly owned by Nedbank. So, it made sense to rebrand.

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