Nedbank Group records R17.2 billion profit as SADC performance bolsters growth

NAMPA
2026-03-04
WINDHOEK, 03 March 2026 - Nedbank Group Chief Executive Jason Quinn. (Photo contributed) WINDHOEK, 03 March 2026 - Nedbank Group Chief Executive Jason Quinn. (Photo contributed)
WINDHOEK, 04 MAR (NAMPA) – Nedbank Namibia on Tuesday shared its financial results for the year ended 31 December 2025, with the group reporting R17.2 billion in headline earnings.
A key highlight for local stakeholders was the performance of the Nedbank Africa Regions (NAR) division, which includes Namibia.
The division saw a 7 per cent decrease in impairments, falling to R292 million. The group attributed this reduction to “improved recoveries...
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