Nedbank’s history traces back to the early 19th century with the establishment of the Cape of Good Hope Bank in 1831.
Following successive branding and structural changes, from The Nederlandsche Bank voor Zuid-Africa to the Netherlands Bank of South Africa, to Nedcor Group in the 1980s, Nedbank Group was finally formed in 2003.
Today, Nedbank is one of South Africa’s four largest banks.
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Who owns Nedbank??
Nedbank shares are traded on the Johannesburg Stock Exchange under the share code NED, and on the Namibian Stock Exchange under the share code NBK. As of October 2022, the shareholding in the group’s stock consisting of 511 700 790 issued shares was:
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