Parent Company: Nedbank Group Limited
Brand Value: $1,882 Mil.
Headquarter City: Johannesburg
Year Formed: 1888
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 (NBSA), to Nedcor Group in the 1980s, Nedbank Group was formed in 2003.Today, Nedbank is one of South Africa’s “Big Four” banks and in 2016 ranked fourth across the banking sector with a market cap of over R103 billion. Nedbank offers retail, corporate and investment banking, and wealth management. Nedbank[a][b] delivers innovative market-leading client experiences both online and in-person. Nedbank is recognized as a leader in their governance and transparency, and has been recognized as the only African-based bank in the Dow Jones World Sustainability Index.