Nedbank Group (NDBKY)

Nedbank Group Limited is a South African banking group with an American depositary receipt listed on OTC Markets under the symbol NDBK.Y. Through its subsidiaries, the group provides wholesale and retail banking services in South Africa and across other regions, including the rest of Africa, Europe, Asia, the United States, and international markets. Its operations are organized around corporate and investment banking, business and commercial banking, personal and private banking, Africa regions, and central functions.

The group’s businesses include lending, advisory, leverage financing, trading, brokering, structuring, hedging, client coverage, corporate finance advisory, transactional banking, asset management, and commercial property finance. It also provides personal banking products such as transaction accounts, home loans, vehicle and asset finance, card services, personal loans, insurance, and investments. Additional services cover wealth management, trust and estate planning, stockbroking, financial planning, life and non-life insurance, capital management, funding, and liquidity risk management. Formerly known as Nedcor Limited, the company adopted its current name in 2005 and is headquartered in Sandton, South Africa.

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