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WATCH: How SA’s lacklustre growth weighed on Nedbank

Nedbank CEO Mike Brown talks to Business Day TV about the bank’s financial results

04 March 2020 - 11:11 Business Day TV
Nedbank CEO Mike Brown. Picture: FINANCIAL MAIL
Nedbank CEO Mike Brown. Picture: FINANCIAL MAIL

SA’s lacklustre growth is weighing on Nedbank.

The bank reported that annual headline earnings fell by 7%. Hyperinflation in Zimbabwe and costs related to increasing its stake in Banco Unico added to its woes.

Business Day TV spoke to CEO Mike Brown about the group’s results.

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