{"id":26674,"date":"2023-03-23T08:58:59","date_gmt":"2023-03-23T08:58:59","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth"},"modified":"2023-03-23T09:20:07","modified_gmt":"2023-03-23T09:20:07","slug":"nedbank-records-strong-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth","title":{"rendered":"Nedbank records strong growth"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Lesotho. <\/strong><\/span>NEDBANK has seen a significant growth throughout the African continent, the bank\u2019s group managing executive director for Africa, Dr Terence Sibiya, has said. The continent wide Nedbank performance results for 2022 were announced yesterday.<\/p>\n<p>Dr Sibiya told a press conference yesterday that the bank \u201cdelivered an excellent performance, a solid performance as strong revenue growth gave us strong headline earning growth of 20 percent\u201d.<\/p>\n<p>The results were released onto the Johannesburg Stock Exchange, Nedbank\u2019s primary listing. The headline earnings increased to M14 billion, Dr Sibiya said.<\/p>\n<p>\u201cWhat was quite pleasing also was we\u2019re able to set a record because the total dividend for 2022 was 1 649 cents per share, which was up to 38 percent,\u201d he said.<\/p>\n<p>\u201cThat is a record and a highest dividend Nedbank has paid in its history.<br \/>\nDr Sibiya said even more pleasing to the shareholders is that yesterday the bank announced M5 billion share buyback or share repurchase scheme that the board has approved. He said the scheme was going through the final approval processes.<\/p>\n<p>\u201cThis means that as we buy more shares from the shelters, they will also receive something over and above the dividend that (we) will be paying out in the weeks to come,\u201d he said.<\/p>\n<p>He said the bank has also been named the number one institution within the banking community on the Net Promoter score or satisfaction, meaning clients it has interfaced with last year rated it a good bank to interact with.<\/p>\n<p>\u201cThat means they are more likely to also recommend us as a good bank or a good institution to bandwidth to other people.<\/p>\n<p>\u201d Dr Sibiya said Nedbank has invested heavily on its digital journey \u201cand that\u2019s beginning to bear fruits. . . as we\u2019ve seen double digital growth in our digital transactions\u201d.<\/p>\n<p>He said it is because of this digital investment that the bank now has about two million customers, \u201cwhich was a clear record for us\u201d. He said key to the bank is its environmental, social and governance principles.<\/p>\n<p>\u201cWe are heavily focused on our climate journey, our renewable energy positioning in the market (through which the bank) received an AAA rating.<\/p>\n<p>\u201d This rating is the highest among the top five global banks in terms of the MSCI and ESG ratings.<\/p>\n<p>Dr Sibiya said of more interest is that the Nedbank Africa regions business performance once again delivered a solid set of results in that its headline earnings were up by 64 percent, \u201cand for the first time we delivered R975 million to the group\u201d.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/lesotho\">Lesotho<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Lesotho. NEDBANK has seen a significant growth throughout the African continent, the bank\u2019s group managing executive director for Africa, Dr Terence Sibiya, has said. The continent wide Nedbank performance results for 2022 were announced yesterday. Dr Sibiya told a press conference yesterday that the bank \u201cdelivered an excellent performance, a solid performance as [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":26672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,246,245,533],"class_list":["post-26674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-lesotho","tag-lesotho","tag-nedbank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nedbank records strong growth - Lesotho<\/title>\n<meta name=\"description\" content=\"NEDBANK has seen a significant growth throughout the African continent, the bank\u2019s group managing executive director for ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nedbank records strong growth\" \/>\n<meta property=\"og:description\" content=\"NEDBANK has seen a significant growth throughout the African continent, the bank\u2019s group managing executive director for ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-23T08:58:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-23T09:20:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2023\/03\/postQueueImg_1679545845.38.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nedbank records strong growth\",\"datePublished\":\"2023-03-23T08:58:59+00:00\",\"dateModified\":\"2023-03-23T09:20:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\"},\"wordCount\":432,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2023\/03\/postQueueImg_1679545845.38.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Lesotho\",\"Nedbank\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/nedbank-records-strong-growth\",\"name\":\"Nedbank records strong growth - 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