Edition:
India

Nedbank Group Ltd (NEDJ.J)

NEDJ.J on Johannesburg Stock Exchange

26,584.00ZAc
12:51pm IST
Change (% chg)

-133.00 (-0.50%)
Prev Close
26,717.00
Open
26,715.00
Day's High
26,900.00
Day's Low
26,518.00
Volume
8,802
Avg. Vol
1,049,402
52-wk High
26,900.00
52-wk Low
19,800.00

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Tue, Dec 5 2017

Fitch Affirms Nedbank Group Limited and Nedbank Limited at 'BB+'; Downgrades Support Rating

(The following statement was released by the rating agency) LONDON, December 05 (Fitch) Fitch Ratings has affirmed Nedbank Group Limited's (NBG) and Nedbank Limited's (NBL) Long-Term Issuer Default Ratings (IDR) at 'BB+' with Stable Outlook. At the same time, Fitch has downgraded the Support Rating (SR) of NBG to '5' from '4', following the announcement of a clear timeframe of the separation of NBG from its majority parent Old Mutual Plc (BBB/Stable). All other ratings of NBG and NBL have been a

AfDB approves $172 mln financing for South Africa's Nedbank

CAPE TOWN, Nov 9 The African Development Bank (AfDB) has approved a $172 mln financial package for South Africa's Nedbank Group for infrastructure, banking and housing projects, it said on Thursday.

UPDATE 1-Old Mutual to retain 20 percent of South Africa's Nedbank after split

JOHANNESBURG, Nov 1 Anglo-South African financial services group Old Mutual said on Wednesday it will retain a 19.9 percent strategic minority shareholding in Nedbank after the parent company's planned split.

BRIEF-Nedbank issues update on quantum of strategic minority shareholding in Nedbank Group to be held by Old Mutual Ltd

* STRATEGIC MINORITY SHAREHOLDING TO BE RETAINED IN NEDBANK GROUP TO UNDERPIN ONGOING COMMERCIAL RELATIONSHIP BETWEEN COMPANIES HAS BEEN AGREED AT 19,9 PERCENT ​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

BRIEF-Old Mutual ‍OML strategic minority shareholding in Nedbank​

* ‍STRATEGIC MINORITY SHAREHOLDING TO BE RETAINED IN NEDBANK GROUP TO UNDERPIN ONGOING COMMERCIAL RELATIONSHIP BETWEEN COMPANIES HAS BEEN AGREED AT 19,9%

BRIEF-Nedbank Group and Deutsche Bank to cooperate on equity and debt capital markets in South Africa and sub-Saharan Africa

* ‍NEDBANK GROUP AND DEUTSCHE BANK TO COOPERATE ON EQUITY AND DEBT CAPITAL MARKETS IN SOUTH AFRICA & SUB-SAHARAN AFRICA​

BRIEF-Nedbank Group reports HY headline earnings of 5.3 bln rand

* NEDBANK GROUP-2017 GUIDANCE FOR GROWTH IN DILUTED HEPS IS FOR THIS MEASURE TO BE POSITIVE, BUT LESS THAN OR EQUAL TO GROWTH IN NOMINAL GDP

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