Customers perform transactions on Nedbank automated teller machine (ATM) at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February 8, 2023. REUTERS
JOHANNESBURG, March 3 (Reuters) – South Africa’s Nedbank Group said on Tuesday it recorded a 2% rise in full-year headline earnings, driven by an improvement in an impairment charge while revenue growth was slow.
For the year ended on December 31, the bank’s headline earnings grew to 17.2 billion rand ($1.07 billion) from 16.9 billion rand a year earlier.
The group declared a final dividend of 11.04 rand per share.
Reporting by Nqobile Dludla; Editing by Tom Hogue
