In a very difficult operating environment, Nedbank Group remained resilient, made good strategic progress and delivered an improved financial performance in the second half of the year.

Nedbank Group’s financial performance for the year ended 31 December 2020 reflected a difficult operating environment, largely as a result of the impact of the Covid-19 pandemic and strict lockdowns in Q2 2020. Nedbank’s primary focus has been on the health and safety of stakeholders, including employees and clients, as well as on helping clients in good standing to navigate the financial challenges that arose in their business and personal finances

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