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Nedbank Zimbabwe Limited, also Nedbank Zimbabwe, is a commercial bank in Zimbabwe. It is licensed by the Reserve Bank of Zimbabwe , the central bank and national banking regulator. [ 2 ] The bank was previously known as MBCA Bank, prior to rebranding to its present name.
Infrastructure Development Bank of Zimbabwe (IDBZ), state-owned Small and Medium Enterprises Development Corporation (SMEDCO), state-owned AFC Land & Development Bank of Zimbabwe Ltd, state-owned
The Nedcor Group was renamed the Nedbank Group on 6 May 2005. In August 2009, Nedbank acquired the 49.9% of Imperial Bank South Africa that it did not own, so Imperial Bank South Africa is wholly owned by Nedbank. [7] In October 2014, Nedbank acquired a 20% stake in Ecobank, converting its $285 million claim in Ecobank into equity. [8] [9]
Ecobank Zimbabwe [117] FBC Bank; Genesis Investment Bank [118] Metropolitan Bank of Zimbabwe; NBS Bank; NED Bank [119] NMB Bank; Peoples Own Savings Bank; Stanbic Bank; Standard Chartered Bank (Zimbabwe) Steward Bank; Zb Bank
With more than 1,500 branches in 35 countries, the Ecobank-Nedbank Alliance is the largest banking network in Africa. The alliance was formed in 2008 between the Ecobank Group and the Nedbank Group, one of South Africa 's four largest financial services providers, with a growing footprint of operations across the Southern African Development ...
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A bank branch can be identified from the bank code. Denmark has 4-digit bank code (called Registreringsnummer, or Reg. nr.). France has a 10 digit code, the first 5 digits contain the clearing identifier of the banking company (Code Banque), followed by the 5-digit branch code (Code Guichet). Both numbers are only used as a combined prefix for ...
There are two separate check digits—one for the bank code + branch code, and one for the account number, each calculated separately. Iceland [17] Weighted 3, 2, 7, 6, 5, 4, 3, 2 11 11 − r, 0 → 0 Applies only to the first eight digits of the national identification number (kennitala), with the check digit stored at the 9th. Italy [17]