Nedbank Corporate comprises the client-focused businesses of Corporate Banking, Business Banking, Property Finance, Nedbank Africa and the specialist businesses of Transactional Banking and Shared Services. These businesses focus mainly on providing lending, deposit-taking and transactional banking execution services to the wholesale banking client base of Nedbank. Nedbank Corporate believes its strengths lie in its strong corporate and property finance franchises and their regional presence, particularly in Gauteng, KwaZulu-Natal and the Western Cape. While all of its businesses have significant presences in the urban areas of each of these regions, its Business Banking operations cover many of the country’s rural and semirural areas. Our Business Banking division focuses on clients with a turnover of R7.5 million to R400 million, and has specialist expertise in servicing key industries, including wine, diamonds, professionals, printing and publishing. It provides lending, deposit-taking, transactional banking, vehicle and asset finance, debt structuring and factoring. In keeping with its philosophy ‘we make it our business to understand yours’, Business Banking offers its clients a diversely skilled, empowered and cohesive client service team that includes credit, administration and a business manager. This team ensures relationship continuity and accessibility, and is able to offer prompt, efficient service and optimum banking solutions. And, with teams and resources located in the same regions as their clients, decisions can be made quicker and solutions created from a deeper understanding of the local business environment. Our Corporate Banking division targets companies with an annual turnover in excess of R400 million and generates business for the bank through lending, transactional banking, structuring and advisory fee-income opportunities, significant wholesale funding, treasury execution, custodial services and global trade activities. Our Property Finance division specialises in providing tailor-made financial property finance solutions to: - Commercial, industrial, retail and residential property developers
- Investors in commercial, industrial and retail property
- Owner-occupiers of industrial and commercial property
- Listed property funds
- Partnerships either by means of joint ventures or minority equity investments
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