Our clients
CONSUMER EDUCATION
As a responsible banking organisation, Nedbank Group is aware of the dire need for effective financial education among South African consumers – particularly given the current difficult economic conditions. Consequently, the group places a high priority on educating consumers and clients wherever possible and a number of initiatives were undertaken in this regard in 2008.
All consumer training initiatives run by the bank are outcomes-based and aligned to the agreed industry standards. The group developed an education video in five official South African languages and partnered with many of its corporate banking clients to provide education to their staffmembers.
The following graph provides the spread of participants that were trained in 2008.
As part of Nedbank’s general service to communities, Nedbank also provides entrepreneurial and business financial planning services, and HIV/Aids awareness training.
TEACH CHILDREN TO SAVE CAMPAIGN
The Teach Children to Save South Africa (TCTS SA) 2008 pilot is a Banking Association South Africa initiative that was adopted from the American Bankers Association Education Foundation. While modelled on the US programme, TCTS SA was customised to align with |
South Africa’s culture and education needs. Nedbank part in this historical event that saw bankers (in their business attire) teaching Grade 4 to 7 learners the basic principles of saving. Nedbank’s efforts focused primarily on the Eastern Cape and saw more than 1 200 school children at 25 schools participating in the initiative. Alfred Ramosedi (MD Private Bank) provides a lesson |
