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Shareholders
Nedbank Limited, a South African-based banking group, through its holding company Ned Namibia Holdings Pty Ltd, owns 100% of Nedbank Namibia. Nedbank has been a shareholder and strong supporter of our bank since 1993.
The benefits of belonging to a group with over N$300 billion in assets include access to considerable resources in research and development, a broader product range and access to an extensive network in South Africa and six other African regions (Swaziland, Lesotho, Malawi, Mauritius, Madagascar and Zimbabwe).
Nedbank Limited, in turn, has Old Mutual plc as a controlling shareholder with 54%. Nedbank is an integral part of London-listed Old Mutual plc and is viewed as the banking subsidiary of the group. Old Mutual's commitment to Nedbank is reflected by its support of a number of Nedbank's strategic initiatives
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