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Vryheid set to experience Nedbank's red carpet service through the opening of a full service branch
The community of Vryheid in Northern KwaZulu-Natal will now enjoy the benefits of full service banking with the launch of the Nedbank Vryheid branch.�
Brian Duguid, Managing Director: Nedbank Network, says Nedbank's key strategic objective is to increase its presence in previously under-serviced areas and make banking services accessible to all South Africans. "We have made significant market share gains in areas such as Umlazi and Inanda in KwaZulu Natal; Mamelodi, Katlehong and Soweto in Gauteng; Ga-Mogotlane, Tickeyline, Monsterlus in Polokwane and Khayelitsha in the Western Cape," adds Duguid.
This follows Nedbank's commitment of R1 billion for the upgrading and expansion of its network over a three-year period commencing in 2006. As a result, innovative solutions such as Nedbank's 'branch in a box' were also developed to ensure that even remote areas are not left outside the country's mainstream economy.
The Vryheid branch will be serviced by 12 permanent staff members, one ATM and one Self-service terminal. This brings to 100 the number of branches, 292 ATMs and 63 Self-service terminals in KwaZulu Natal.���
"Nedbank's drive to give all South Africans access to banking services has resulted in many other benefits including employment and most importantly, contributing to the growth and sustainability of the local economies," says Duguid.��
Also, in the spirit of the recently launched Nedbank Cup, clients have an opportunity to contribute to the development of soccer through Nedbank's relationship with The Sports Trust, and can win prizes totaling R2 million.
"It is through such initiatives that Nedbank continues to demonstrate its commitment to being a bank for all South Africans," says Duguid.ENDS
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|This page was updated on 27 May, 2008||Return to top|