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Nedbank grew earnings 2% to 17.2 billion rand in 2025, hit 8 million clients, and advanced its Kenya acquisition.
Nedbank Group reported a 2% rise in headline earnings to 17.2 billion rand for the year ended December 2025, reaching a milestone of 8 million clients for the first time.
The bank saw improved credit quality, with a lower impairment charge and declining credit loss ratio, while net interest income and non-interest revenue grew modestly.
Digital engagement expanded, with a 9% increase in digitally active retail clients and rising transaction volumes.
The bank advanced its acquisition of a 66% stake in Kenya’s NCBA Group, aiming to boost its African footprint.
CEO Jason Quinn projected return on equity would exceed 15% in 2026 and reach around 17% long-term.
Nedbank aumentó las ganancias un 2% a 17.2 mil millones de rands en 2025, alcanzó 8 millones de clientes y avanzó con su adquisición de Kenia.