South Africa’s Nedbank Group NEDJ.J, one of the top five lenders in the country, recorded an 11% rise in its annual profit on Tuesday, supported by strong revenue and associate income growth. For the year ended Dec. 31, the bank’s headline earnings, a profit measure, grew to 15.7 billion rand ($823.67 million) from 14.1 billion … Continue reading South African lender Nedbank’s annual profit rises on upbeat revenue