Nedbank delivers a strong financial performance to meet all 2023 targets, laying solid foundation to deliver on medium-term goals.
Nedbank Group delivered a strong financial performance for the 12 months to 31 December 2023 compared with the 12-month prior period as headline earnings (HE) increased 11% to R15,7bn. In a difficult economic environment, this growth in HE was enabled by a strong operational performance as preprovisioning operating profit increased by 15%, underpinned by 12% revenue growth including associate income and prudent expense management, partially offset by a 30% increase […]