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.
In 2017 total assets of Nedbank Private Wealth Limited were 1 482,76 mln GBP.
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).
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.
Nedbank Private Wealth Limited is headquartered in Douglas.
Nedbank Private Wealth Limited is authorized and supervised by the Isle of Man Financial Services Authority (reference number 1110).