South Africa’s Nedbank clears final conditions for 66% takeover of Kenya’s NCBA
The transaction would give Nedbank control of an established Kenyan banking group while leaving 34% of NCBA publicly traded on the Nairobi Securities Exchange. NCBA is expected to retain its brand, local leadership and independent governance
Nedbank Group Ltd outlines its role in South Africa’s banking sector
Nedbank Group Ltd is a leading South African banking group and financial services provider, serving retail, business and institutional clients across the country and selected regional markets. The company, identified by ISIN ZAE000004875, operates through a diversified portfolio of banking and related financial services activities