Nedbank recognised for its contributions to SME growth and economic progress in South Africa

Nedbank provides comprehensive services for over 510,000 small and medium-sized enterprises (SME) ranging from township enterprises to established mid-sized firms. Its SME market share rose from 22% to 24% in early 2024, driven by digital platforms like Business Hub and beyond-banking tools such as SimplyBiz, which provide seamless service. The bank’s commitment to sustainability is reflected in its innovative financing for solar energy and water management, enhancing growth and resilience in the SME sector.