Nedbank Corporate confirms its commitment to transformation in the Eastern Cape
7 December 2005
Transformation at Nedbank Corporate in the Eastern Cape has been given a significant boost following the appointment of Deli Mti to head up Business Banking in the region. . .
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Listed property worth its weighty pricetag
December 2005
The listed property sector is not “outrageously” expensive and deserves a second look . . .
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Reuel Khoza appointed as Chairman designate of Nedbank Group Limited and Nedbank Limited
25 November 2005
As indicated in the Nedbank Group 2004 annual report, Warren Clewlow will be retiring as chairman of Nedbank Group and Nedbank with effect . . .
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Nine Western Cape BEE businesses take stake in Nedbank
24 November 2005
Nine Western Cape businesses are among a new generation of shareholders in Nedbank Group Ltd . . .
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SA Hedge funds weather the October storm
22 November 2005
The month of October was a challenging one for South African hedge fund managers. This according to Lizelle Steyn, manager alternative investments at Nedgroup Investments, and compiler of the Nedgroup Hedge Fund Review and Index . . .
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Banking becomes more affordable with Nedbank's Transactor card
18 November 2005
The Nedbank Transactor Account, launched this week, offers the most affordable banking solutions . . .
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Nedbank and the Hope Project help the destitute children of Ikageng Centre
17 November 2005
Christmas came early for the children of Ikageng Centre, based in Kagiso, Krugersdorp, thanks to a donation of toys, food and t-shirts from Nedbank and its employees. . .
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Nedbank launches Nedbank Money-24 Investment Account
10 November 2005
Nedbank has launched the Nedbank Money-24 Investment Account, a Money Market Investment Account that offers great interest rates for a product of this nature and access to funds at 24 hours' notice . . .
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Nedbank is the first african bank to adopt the Equator Principles
10 November 2005
The Equator Principles, developed by several leading banks, are based on the environmental and social policies and safeguards of the International Finance Corporation (IFC). . .
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Nedbank employees win at ABSIP Awards
9 November 2005
Nedbank employees once again proved their mettle by winning two awards at the annual ABSIP (Association of Black Securities and Investment Professionals) Financial Services Awards dinner. . .
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Eligibility criteria for Nedbank Eyethu Ownership Plan remain unchanged
8 November 2005
Nedbank wishes to confirm that it has not changed the criteria for its bonus share scheme, offered as part of the Nedbank Group’s Black Economic Empowerment transaction . . .
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Saldanha Bay gets R64,7 million boost for development
7 November 2005
Saldanha Bay Municipality has boosted its financial resources for infrastructural development in the municipal area through a R64,7 million funding arrangement facilitated by the Corporate Banking division of Nedbank Corporate. . .
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Nedbank cautions against paying merchant fees when using a credit or debit card
27 October 2005
Consumers paying by credit or debit card are cautioned to watch out for merchants passing merchant fees on to them. Nedbank has recently been made aware that some merchants are demanding that clients pay 5% more as a penalty for paying by credit or debit card . . .
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Nedbank's BEE transaction empowers thousands of previously disadvantaged South Africans
24 October 2005
Thousands of previously disadvantaged South Africans have applied to participate in Nedbank's Eyethu Ownership plan, a bonus share scheme created as part of the Nedbank Group's BEE transaction, first announced in April this year . . .
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Go Banking introduces Zero Fee Credit Card
19 October 2005
“Go Banking provides affordable banking to all South Africans and we decided to keep costs down on our new credit card by doing away with the annual fee,” says Kevin Palmer, CEO of Pick ‘n Pay Go Banking . . .
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Nedbank advances BEE with its Corporate Client share scheme
6 October 2005 (embargoed until 19:00)
Nedbank welcomed a new generation of shareholders at a celebration for participants in the Nedbank Corporate Client Share Scheme, which is part of the Nedbank Group black economic empowerment (BEE) transaction. . .
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Peoples Bank branch in Florida is moving
30 September 2005
In Florida, the Peoples Bank branch in Goldman Street will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Florida branch also located in Goldman Street . . .
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Peoples Bank branch in Southdale is moving
30 September 2005
In Southdale, the Peoples Bank branch in Alamein Road will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank branch located in the Southdale Shopping Centre . . .
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Peoples Bank branch in Bloemfontein is moving
30 September 2005
In Bloemfontein, the Nedbank branch on the corner of Maitland and East Burger Street will officially close on 8 October 2005. Nedbank clients will now be able to transact at the new Nedbank Bloemfontein (previously Peoples Bank) branch located at 45 Maitland Street . . .
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Peoples Bank branch in Wellingtons is moving
30 September 2005
In Wellington, the Peoples Bank branch in Church Street will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Wellington branch also located in Church Street . . .
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Peoples Bank branch in Hillcrest is moving
30 September 2005
In Hillcrest, the Peoples Bank branch in the Village Centre will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Hillcrest branch located in the Lester Hall Centre on 57 Old Main Road . . .
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Peoples Bank branch in Silverton is moving
30 September 2005
In Silverton, the Peoples Bank branch in Silvermall Centre in Pretoria Street will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Silverton branch located in the Eastway Centre in Pretoria Street . . .
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Peoples Bank branch in Escourt is moving
30 September 2005
In Estcourt, the Peoples Bank branch in Harding Street will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Estcourt branch also located in Harding Street . . .
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Peoples Bank branch in Sasolburg is moving
30 September 2005
In Sasolburg, the Peoples Bank branch in The Mall, Marina Building on Collins Street will officially close on 8 October 2005. Peoples Bank clients will now be able to transact at the Nedbank Sasolburg branch located at 1 Munchener Haus, Town Square Gardens . . .
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Over R100m already committed to Nedbank's Retail BEE Share Scheme
22 September 2005
One month into the offer period for Nedbank's innovative Eyethu BEE bonus share scheme, applications for well over R100m of Nedbank shares have already been received from new and existing clients of Nedbank . . .
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Lifting restrictions will take the mystique out of hedge funds
21 September 2005
Hedge fund managers are sometimes perceived as “mystery managers” who prefer to remain below the radar screens of the media and the markets, says Lizelle Steyn, manager of alternative investments at Nedgroup Investments . . .
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Peoples Bank branch in Somerset West has moved
21 September 2005
In Somerset West, the Peoples Bank branch in the Vineyard Centre officially closed on 10 September 2005. Peoples Bank clients will now be able to transact at the Nedbank Somerset West branch . . .
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Peoples Bank branch in Reservoir Hills has moved
21 September 2005
In Reservoir Hills, the Peoples Bank in Aquarius Centre on Mountbatten Drive officially closed on 31 August 2005. Peoples Bank clients can now transact at the Nedbank Springfield branch . . .
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Nedbank embraces Mzansi
14 September 2005
At the recent launch of the Mzansi Money Transfer product, a collaborative banking initiative, Nedbank announced an extremely attractive fee structure for people wanting to transfer money to friends, family and loved ones . . .
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Peoples Bank branch in Shelly Beach is moving
12 September 2005
In Shelly Beach, the Peoples Bank branch will officially close on 17 September 2005. Peoples Bank clients will now be able to transact at the Nedbank Shelly Beach branch located at Shelly Centre on Marine Drive . . .
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Nedbank branch in Port Elizabeth is moving
12 September 2005
In Port Elizabeth, the Nedbank branch located at 94 Govan Mbeki Avenue will officially close on 17 September 2005. Peoples Bank and Nedbank clients will now be able to transact at the new Nedbank branch located at 85 Govan Mbeki Avenue . . .
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Peoples Bank branch at The Glen is moving
12 September 2005
NIn Oakdene, the Peoples Bank branch at The Glen Shopping Centre on the corner of Letaba and Orpen Road will officially close on 17 September 2005. Peoples Bank clients will now be able to transact at the Nedbank The Glen branch also located at The Glen Shopping Centre . . .
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Being Human can seriously damage your wealth
6 September 2005
Investing in a fund that is at the top of the performance tables is a very natural and comforting thing to do, and there can be no doubt that many investors actually select funds based solely on recent performance . . .
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Nedbank wins at the Banker Awards in London
7 September 2005
Nedbank Group received the 2005 Banker Emerging Markets Corporate Social Responsibility award at a ceremony held in London last night. . . .
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Owners of property in trusts could face hefty tax bills
August 2005
For several years property buyers have avoided transfer duty by simply buying a trust that held a property thereby effecting transfer and avoiding transfer fees - but now SARS has issued assessments against those who partook in the scheme which could leave them with massive tax bills . . .
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Nedbank cautions against paying for home loan applications
31 August 2005
Consumers shopping around for the best interest rate on a home loan should check the credentials of intermediaries offering to arrange home finance on their behalf . . .
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Nedbank introduces real time single stock futures
16 August 2005
Nedbank's real-time pricing will calculate the Single Stock Futures price and move it up and down on the SAFEX screens in real time as the underlying stocks move up and down. . .
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Nedbank reaches out to improve education at local school
12 August 2005
Nedbank has reached out to Koelenhof RK Primary School in Stellenbosch by donating R30 000 towards payment of a teacher's salary for one year. . .
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Nedbank Ltd begins the formal integration of Peoples Bank and Nedbank branches
12 August 2005
The process of integrating Peoples Bank and Nedbank branches has begun in earnest. . . .
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Nedbank Group earnings up 74% as recovery continues
4 August 2005
Johannesburg – Nedbank Group (formerly Nedcor) today announced a strong turnaround in its financial performance for the six months to end June 2005, with headline earnings increasing by 74,3% to R1 398 million (R802 million) as the group’s recovery programme continues to gather momentum. . . .
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Black clients to benefit from Nedbank Group's unique BEE Retail Ownership Scheme
26 July 2005
The retail client share scheme, known as the Nedbank Eyethu Ownership Plan, was announced on 19 April 2005 as part of the group's BEE transaction. . .
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Nedgroup Investments’1 Renaissance Fund ensures a bull run for NGOs
26 July 2005
During the cold and misery of winter most township residents are probably more concerned about having a proper roof over their heads than they are concerned about the JSE’s performance. But some will get proper roofs thanks to Nedgroup Investments innovative Renaissance Fund and a dedicated charity. . .
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Hedge funds still outperform JSE over longer term
25 July 2005
The performance of the hedge funds participating in the Nedgroup Hedge Fund Index lagged the FTSE/JSE All Share Index for the month of June but still out-performed it since the start of the Index on 1 January 2001 . . .
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African Development Bank and Nedbank enter into R1 billion Agency Line Agreement
20 July 2005
The African Development Bank (ADB), through its Private Sector department, has appointed Nedbank as agent to provide a Shared Risk Loan Facility of up to R1 billion. Nedbank will provide its own funds to match ADB's loan in underlying projects. . .
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Nedbank joins Madiba in improving the lives of children
20 July 2005
Nedbank has officially launched the Nedbank Children's Affinity, the latest addition to the bank's portfolio of Green, Arts and Sport affinity programmes. . . .
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Nedbank brings banking to the community of Monsterlus
7 July 2005
Breaking new ground, Nedbank extended its reach into rural communities with the opening of the first bank in the Monsterlus community – resulting in widespread festivities. . .
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Proudly supporting South African winemaking
23 June 2005
Two esteemed local winemakers from Franschhoek were recently given the opportunity to showcase their wines at a wine tasting dinner for Nedbank clients. . .
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Nedbank encourages 'youth' to become money wise
22 June 2005
In an effort to create a culture of saving and financial literacy, Nedbank has recently launched a competition to entice young people to pro-actively manage their finances. . . .
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Winner of the Nedbank Property Professional Award announced
6 June 2005
Former SA schools cricketer Jacques Bronkhorst was declared the 2005 winner of the Nedbank Property Professional of the Year Award at a function held in Johannesburg over the weekend. . . .
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Nedbank e-Shared Services nets international award
30 May 2005
Nedbank e-Shared Services secured top honours in the category, 'advanced automation and operations' at the International Quality and Productivity Centre (IQPC) Shared Services Excellence Awards were held in Wales recently. . .
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Nedbank to host school girls on ‘Cell C Take A Girl Child To Work Day’
25 May 2005
In support of the ‘Cell C Take A Girl Child to Work Day’ initiative on 26 May, Nedbank will be hosting 192 girls from various schools in Gauteng at its Sandton headoffice . . .
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Nedbank unaffected by latest Internet scam
20 May 2005
Nedbank wishes to confirm that, contrary to some media reports, it has not been affected by the latest "phishing" online scam . . .
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Nedbank Home Loans shows marked decline in market share loss
18 May 2005
The extensive restructuring and the re-establishment of a dedicated Nedbank Home Loan business unit has resulted in a marked decline in the bank's loss of home loan market share compared to that of five months ago. . . .
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How to be BEE compliant
11 May 2005
Black Economic Empowerment has become an integral part of South Africa's business landscape yet many businesses are grappling with what this means to them specifically. . .
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How to be BEE compliant
19 April 2005
Black Economic Empowerment has become an integral part of South Africa's business landscape yet many businesses are grappling with what this means to them specifically. . .
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Broad-based black stakeholders to acquire 11,5% of Nedcor
19 April 2005
Banking group Nedcor has unveiled its much anticipated black economic empowerment (BEE) transaction which will see a broad range of black stakeholders acquiring direct ownership worth 11,5% of the value of Nedcor’s South African businesses. . . .
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Nedbank and Old Mutual Bank decrease rates
14 April 2005
Nedbank, Peoples Bank, Pick n Pay Go Banking and Old Mutual Bank have announced a 50 basis point decrease in the prime lending rate - from 11,00 to 10.50 per cent. The new overdraft rate is effective on 18 April 2005 . . .
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Nedbank Corporate reaffirms its commitment to KZN and transformation
14 March 2005
Elizabeth Maepa, Nedbank's newly appointed Head of Corporate Banking in Kwa-Zulu Natal is determined to make Nedbank an integral part of the regional business landscape. . .
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Share instalments take South African investment market by surprise
9 March 2005
In what has been another momentous year for new investment products, share instalments have proven so popular in 2004 that by year end, four major banking institutions had issued share instalments or variations of the product pioneered by Nedbank. . .
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Nedbank appoints Net#work BBDO,
9 February 2005
Nedbank's recent advertising agency review has led to the appointment of Net#work BBDO as the bank's preferred partner with effect 1 April 2005. . .
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Nedbank Dezign Banking delivers a Citroen C2
8 February 2005
Nedbank Dezign Banking, aimed at 18 - 24 year olds, has kicked off the student year with a dream-come-true campaign. Launched on 10 January, the 'hands on' car marathon campaign, in collaboration with Liqui-Cooler and Sure Youth Travel, rewards one lucky Nedbank Dezign Banking account holder with the keys to a brand new Citroen C2. . .
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Nedbank Dezign Banking goes hands on
8 February 2005
Nedbank Dezign Banking, aimed at 18 - 24 year olds, has kicked off the student year with a dream-come-true campaign. Launched on 10 January, the 'hands on' car marathon campaign, in collaboration with Liqui-Cooler and Sure Youth Travel, rewards one lucky Nedbank Dezign Banking account holder with the keys to a brand new Citroen C2. . .
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Executive management appointments at Nedbank Corporate boost transformation
24 January 2005
Transformation at Nedbank has been given a significant boost following several senior executive appointments in Nedbank Corporate. . .
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Nedbank challenges corporate SA to support the Relief Fund for Tsunami Victims
3 January 2005
In a statement issued on Monday 03 January, Nedbank Capital's managing director, Brian Kennedy, added to the donations of Netcare and Pick 'n Pay with a pledge of R250 000 towards the centrally coordinated SA Relief Fund for Tsunami Victims. . . .
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