1999 Interim Results
Results | Balance sheet | Financial highlights | Income statement | Cash flow statement | Comment on results | Operating companies | Year 2000 | Nedcor Invesment Bank (NIB) listing | Prospects | Capitalisation share award and cash dividend
Prospects

The ongoing interest rate reductions are welcome and, enhanced by the benefits of the recent Old Mutual demutualisation and listing, we anticipate a positive effect on our client base. Stringent cost control remains a key focus. The major technological developments initiated in prior years have positioned the group well for future growth. These factors should contribute to the present positive results continuing for the remainder of the year.

Nedcor's primary challenge is to continue achieving business efficiencies and improved profitability, enabling investment for the future which results in extended client and product reach, improved client service and the expansion of our franchise into the new millennium.