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Nedbank Zimbabwe Limited was established in July 2004 after changing from Zimbabwe's oldest merchant bank, Merchant Bank of Central Africa Limited, which was incorporated on 31 July 1956. Nedbank Zimbabwe Limited shareholders (directly or indirectly) include:
Members | Percentage Held % |
NedGroup Investments Africa | 66.02 |
Old Mutual Zimbabwe Limited | 20.46 |
MBCA Managerial Employee Share Ownership Trust | 4.87 |
Shield MBCA | 2.66 |
MBCA Non Managerial Employee Share Ownership Trust | 2.43 |
Privileged with access to the cutting edge of global capital markets through its shareholder network, the Bank has numerous correspondent bank relationships in all financial centres worldwide. This enables it to access high level technical expertise and sources of competitive finance on a worldwide basis for the benefit of its clients.