November 25, 2024
MBCA Rebrand Finally Underway
Back in 2014 MBCA Bank announced that it would be changing its name as part of a rebranding initiative. The rebranding has been confirmed to be underway though there hasn’t been a definite timeline given as to when the rebranding will end.
MBCA will adopt its parent’s name and will be known as Nedbank Zimbabwe. Nedbank (The fourth largest South African bank by market capitalisation and customer numbers) owns a 74% stake in MBCA. Other stakeholders include Old Mutual which owns an 18.30% stake in along with Medio de Credito Finanziaio (Italy) and Rothschild as offshore partners who own 10,5 …read more
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