NEDBANK GROUP ANNUAL REPORT 2009

2009 HIGHLIGHTS

	SA banks and financial system remain structurally sound

	Resilient performance
	in a challenging environment	Net asset value per share increased 6,8% to 9 100 cents R4,3 billion headline earnings
	Capital position strengthened
		Core Tier 1 from 8,2% to 9,9% Tier 1 from 9,6% to 11,5% Total from 12,4% to 14,9%
	Liquidity remains sound

	Risk management systems proving effective

	Significant progress on transformation – level-two broad-based black economic empowerment in terms of dti Codes