Absa's Quinn replaces digital transformer Brown at Nedbank
Jason Quinn will assume the role of chief executive, following Mike Brown’s retirement from the Nedbank boards.
Source: itweb.co.za
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Nedbank to power up private electricity generation
With no end in sight for load-shedding, the bank wants to finance green energy solutions across the country.
Source: itweb.co.za
Nedbank's multibillion-rand IT refresh nears completion
The build-out of its modern, modular and agile technology platform has reached 93% completion, says the bank.
Source: itweb.co.za
Nedbank earnings driven by solid revenue growth partially offset by increases in retail impairments
In the first half of 2023, the operating environment in South Africa was much more challenging than Nedbank had forecast.
Source: biznews.com
Nedbank has cut 1 in 4 branches and 16% of staff since 2015
Expects a ‘significant shift’ to far smaller branches … and reports a 27% increase in headline earnings for the first six months of 2022.
Source: moneyweb.co.za