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About us

Our vision, mission and values

Our leadership

Back
News and insights

Press releases

Back
Investor Relations

Financial results

Back
Contact us
Back
  • Our vision, mission and values
  • Board of Directors
  • Nedbank Lesotho wins Global Brands Magazine award
  • Nedbank Lesotho wins 2 awards
  • Update on 2% additional charges on some POS machines | Nedbank Lesotho
  • CMA communication from Nedbank Lesotho MD Nkau Matete | Nedbank Lesotho
  • Financial results

What we offer

We provide a wide range of wholesale and retail banking services along with a growing insurance, asset management and wealth management offering.

These solutions are offered through our frontline clusters, Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth and the Nedbank Africa Regions.

Our ordinary shares have been listed on JSE Limited (the JSE) since 1969 and on the Namibian Stock Exchange since 2007. We are a JSE Top 40 company with a market capitalisation of R124 billion at 31 December 2025. Old Mutual plc is our majority shareholder and has 54% ownership.

Where we work

Nedbank Group's primary market remains South Africa; however, we are continuing to expand into the rest of Africa.

We are present in 6 countries in the Southern African Development Community (SADC) and East Africa region, owning subsidiaries and banks in Namibia, Swaziland, Malawi, Mozambique, Lesotho and Zimbabwe, as well as maintaining representative offices in Angola and Kenya.

Nedbank Lesotho Limited falls under the Nedbank Africa Regions Cluster. The head office is based in Maseru, along Kingsway Street. The bank currently operates 10 branches across Maseru, Berea, Mafeteng, Mohale’s Hoek, Maputsoe, Hlotse, Butha-Buthe, and Roma.

Where we started

Nedbank Lesotho Limited traces its history back to Standard Bank of South Africa (SBSA), which was established in 1904. In 1908, an agency was established in Ladybrand to cater to the needs of all businesses operating in and near Ladybrand.

After Ladybrand had been made a fully fledged branch, an agency was opened in Maseru and later evolved into a full-service branch as well.

In 1947, Maseru started operating as a fully fledged branch and later established mobile agencies to Morija, Roma, Mapoteng, Teya-teyaneng, Butha-Buthe, and Leribe.

When Standard Bank Limited in the United Kingdom (UK) withdrew from South Africa in the early 1970s, the Lesotho operation became a subsidiary of the UK bank.

The first general meeting was held on 2 January 1997, signalling a new era and the official opening of Nedbank Lesotho Limited.

A heritage of innovation

Some of the products and services that Nedbank Lesotho has been the first to introduce in the market include the following:

  • Internet Banking.
  • A fully managed local credit card.
  • A low-cost Europay, Mastercard and Visa (EMV)- and Payment Card Industry (PCI)-certified mobile point-of-sale (POS) solution, Nedbank PocketPOS.
  • The Cash Online solution for corporate clients.
  • Finance for Lesotho’s first shopping mall, Pioneer Mall.
  • Sunday opening times at the Pioneer Mall branch.
  • Corporate sponsorship of Lesotho’s first local golf tournament, the Nedbank Mohokare Golf Classic.