Nedbank Private Wealth Limited

 (5.0; 3 ratings)
5.0 3
Business Focus
private banking, investment management

Nedbank Group is a South Arfican bank holding company, on of the largest in South Africa. Nedbank Group provides products and services in corporate and retail banking, property finance, investment banking, private banking, foreign exchange and securities trading through 5 main member companies: Nedbank Capital, Nedbank Corporate, Nedbank Business Banking, Nedbank Retail and Nedbank Wealth (including Nedbank Private Wealth). Nedbank Group is focused on southern Africa.

Services

private banking
investment management
fiduciary services

Clients

private individuals
non-trading companies
trusts
governments
institutional investors

Financials

Total Assets of Nedbank Private Wealth Limited
Total Assets (2017)
1,482.76 mln GBP  (+5.24%)

In 2017 total assets of Nedbank Private Wealth Limited were 1 482,76 mln GBP.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Nedbank Private Wealth Limited is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade).

Deposit Guarantee

Protected Amount
up to 50,000 GBP
Guarantee Fund
Isle of Man Depositors’ Compensation Scheme
Covered Depositors
natural persons (Isle of Man and foreign)
legal entities (Isle of Man and foreign)
Covered Accounts
any credit balance on an account with a bank

Nedbank Private Wealth Limited participates in the deposit guarantee scheme of the Isle of Man. This deposit guarantee scheme applies to any credit balance on an account with a bank made by natural persons (Isle of Man and foreign), legal entities (Isle of Man and foreign) and covers up to up to 50,000 GBP per bank per depositor. Nedbank Private Wealth Limited is a member of Isle of Man Depositors’ Compensation Scheme and makes its contributions into it.

Contacts

St Mary's Court, 20 Hill Street, Douglas, Isle of Man
+44 (0) 1624 645000

Nedbank Private Wealth Limited is headquartered in Douglas.

Bank Identifiers

BIC (SWIFT)
RFLCIMDX
Company Number
008785V

Bank Supervision

Supervised By
Isle of Man Financial Services Authority
Reference Number
1110

Nedbank Private Wealth Limited is authorized and supervised by the Isle of Man Financial Services Authority (reference number 1110).

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See Also

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