Nedbank’s history is an assemblage of 15 entities that merged into the group throughout the past two centuries allowing Nedbank to trace its origins back to 1831. This collective consists of entities such as the Board of Executors (BoE), Syfrets, the Permanent Mutual Building Society, the Cape of Good Hope Bank Savings Society, Boland Bank, UAL, the Natal Building Society, and of course the Nederlandsche Bank en Credietvereeniging.
Pretoria roots
The first South African branch of the Nederlandsche Bank en Credietvereeniging was opened in Church Street, Pretoria, in 1888. By 1897, the bank’s presence had grown exponentially, and a larger building was built. The structure, designed by WJ de Zwaan, was completed in 1897 and still stands today, and is in use by the Tshwane Tourism Office and is still known affectionately as the Old Netherlands Bank Building. This sandstone masterpiece served as Nedbank’s head office until 1953, when the bank moved into its third, and final, Pretoria-based head office, designed by Norman Eaton. It is still in use today, on what is now known as Thabo Sehume Street.
The first South African branch of the Nederlandsche Bank
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