Nedbank

Company description


Nedbank Group is one of South Africa's four largest banking groups by assets and deposits, with Nedbank Ltd their principal banking subsidiary. They are a JSE Top 40 company with their ordinary shares listed on the JSE since 1969 and on the Namibian Stock Exchange since 2007. Their market capitalisation was R107bn at 31 December 2013. Old Mutual plc is our majority shareholder, owning 52% of Nedbank Group.

The service and product they provide are: Nedbank Capital, investment banking and markets solutions for institutional and corporate clients; Nedbank Corporate, lending, deposit taking, transactional banking and commercial-property finance to large corporates, financial institutions, the public sector and government clients; Nedbank Business Banking, holistic financial solutions for businesses and their owners; Nedbank Retail, holistic financial solutions for individuals, startups and small businesses; as well as corporate card and merchant solutions; and Nedbank Wealth, wealth management, asset management and insurance solutions for clients of Nedbank Group.

Company details

City:
Johannesburg
Address:
Nedbank Sandton, 135 Rivonia Road, Sandown

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • May 18, 2021

    ACWA Power closes financing of 100 MW Redstone concentrated solar power (CSP) project in Postmasburg

    ACWA Power, the lead shareholder in the Redstone concentrated solar power (CSP) plant, has commenced the construction of the 100 MW Redstone project following achievement of a financial close. At ZAR1...

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  • December 04, 2019

    Africa50 invests US$366m in Genser Energy Ghana Ltd

    Genser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...

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  • August 29, 2019

    Sola Group receives ZAR400m financing for 40 MW solar portfolio

    The South African solar developer, SOLA Group, has received financing from African Infrastructure Investment Managers (AIIM) and Nedbank Energy Finance for the development of a 40 MW solar photov...

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  • August 03, 2018

    Enel signs US$1.1 billion financing for 700 MW wind projects in South Africa

    Enel Green Power RSA, the Enel Group’s South African renewables company, has signed project financing agreements a portfolio of five new wind projects, totalling roughly 700 MW of capa...

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  • April 18, 2018

    Financial close for 25 MW biomass project in South Africa

    Sappi and Fusion Energy have reached financial close on the 25 MW Ngodwana Energy Biomass Project, the first biomass project procured under South Africa's Renewable Energy Independe...

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  • March 12, 2018

    IFC and MIGA approve refinancing package for 250 MW hydropower project in Uganda

    The Board of Directors of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) have approved a refinancing package for the 250 MW Bujagali hydr...

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  • June 06, 2016

    Engie secures financing for Kathu CSP plant in SA

    French energy group Engie has achieved financial closure for the 100-MW Kathu concentrating solar power (CSP) project in South Africa. The company has lined up ZAR 9.2 billion (US$ 610 million) in fin...

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  • March 31, 2015

    Abengoa closes USD 660 million project financing for 100 Mw Xina Solar One

    Abengoa recently announced that it has, with its partners the Industrial Development Corporation (IDC), South Africa's Government Employees Pension Fund represented by the Public Investment Corporatio...

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  • October 06, 2014

    Cenpower announces financial close of US$ 900 MM project financing of its Kpone IPP plant in Ghana

    Cenpower Generation Company Limited, a Special Purpose Vehicle created to develop the Kpone Independent Power Plant (‘KIPP’) in the Tema industrial zone, close to Ghana’s capital, Accra, has announced...

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