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Nedbank Secures R13.9 Billion Deal to Acquire 66% of NCBA, Africa’s Largest Bank by Customers

Nedbank has secured regulatory approval to acquire a 66% majority stake in NCBA Group in a transaction valued at approximately R13.9 billion. The decision marks one of the most significant cross-border banking deals in Africa and signals a bold expansion…

  • Published by ttybrandafrica
  • February 23, 2026

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