Nedbank Moçambique marks 15 years of operations

Nedbank Moçambique is celebrating 15 years of operations in the Mozambican market. Founded in 2011 as Banco Único, the institution has expanded its presence to seven major cities through a network of 15 branches.

Following the Nedbank Group increasing its stake to 87.5% in 2021, the bank has focused on digital transformation, cybersecurity, and technological infrastructure. Recent financial data from June 2026 indicates a strong capital position, with a solvency ratio of 30.83% and a return on equity (ROE) of 15.52%.

The bank aims to leverage its financial solidity to support the national economy through productive financing and digital innovation, despite a credit-to-deposit ratio of 47.07% which reflects a cautious approach to lending in the current economic context.