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Nedbank Eswatini
On this page
Company details
- Legal name
- Nedbank Eswatini Limited
- Listing
- NED on the Eswatini Stock Exchange, active · ISIN SZ0005797904 (observed 2026-10-06)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · published summary of audited statements, final status not established · source
Read with these figures
- Published summary of audited statements not confirmed as final. The published copy is unsigned. The FY2025 figures come from it.
Full wording and sources
Published summary of audited statements for 2025: final status not established
Published by the bank through the ESE. An independent auditor's report on the abridged statements (ISA 810, unmodified: 'consistent, in all material respects') is printed, dated 24 March 2026, but the auditor is shown only as the typeset firm name and address 'SNG Grant Thornton Chartered Accountants (Eswatini)' with no signature (PDF p1, page image). The board block 'For and on behalf of the Board' prints the names of the chairman (N. A. Hlatshwayo) and managing director (F. Nkosi), dated 24 March 2026, with no signatures.
Source: Nedbank Eswatini Limited Commentary on the Bank's Financial Performance for the year ended 31 December 2025 (dated 2026-03-24)
2025, 2024: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. 'The accompanying abridged financial statements of Nedbank Eswatini Limited ... are derived from the financial statements of Nedbank Eswatini Limited for the year ended 31 December 2025.' (auditor's report, p1) Independent auditor's report on the abridged statements (PDF p1): 'In our opinion, the abridged financial statements derived from the audited financial statements of Nedbank Eswatini Limited for the year ended 31 December 2025 are consistent, in all material respects, with the audited financial statements, in accordance with the requirements of the Central Bank of Eswatini and the Eswatini Stock Exchange.' Engagement under ISA 810. It states 'We expressed an unmodified audit opinion on the audited financial statements in our report dated 24 March 2026.' Auditor: SNG Grant Thornton Chartered Accountants (Eswatini), typeset name, no signature; dated 24 March 2026. Abridged statement of comprehensive income (to net income after taxation; no OCI or total comprehensive income line), financial position (no total liabilities, current/non-current split not printed), changes in equity (not transcribed) and cash flows (four lines: cash generated by operating activities, taxation paid, investing and financing totals; no net operating total). No notes. ROE (%) printed below EPS; not transcribed.
Source: Nedbank Eswatini Limited Commentary on the Bank's Financial Performance for the year ended 31 December 2025 (dated 2026-03-24)
-
Net interest income
SZL 462 million
462,154,419 SZL units · p1
+6.6% vs 2024
Interest income less interest expense, as printed.
-
Total income
SZL 716 million
716,267,204 SZL units · p1
+9.7% vs 2024
The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.
-
Profit / (loss) for the year
SZL 212 million
212,144,593 SZL units · p1
+5.0% vs 2024
-
Total assets
SZL 7.65 billion
7,649,113,781 SZL units · p1
+9.0% vs 2024
-
Customer deposits
SZL 6.14 billion
6,135,929,995 SZL units · p1
+22.3% vs 2024
-
Total equity
SZL 1.11 billion
1,110,413,073 SZL units · p1
−3.7% vs 2024
Large amounts are rounded for reading (SZL million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in SZL units unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
- 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The accompanying abridged financial statements of Nedbank Eswatini Limited ... are derived from the financial statements of Nedbank Eswatini Limited for the year ended 31 December 2025.' (auditor's report, p1) Independent auditor's report on the abridged statements (PDF p1): 'In our opinion, the abridged financial statements derived from the audited financial statements of Nedbank Eswatini Limited for the year ended 31 December 2025 are consistent, in all material respects, with the audited financial statements, in accordance with the requirements of the Central Bank of Eswatini and the Eswatini Stock Exchange.' Engagement under ISA 810. It states 'We expressed an unmodified audit opinion on the audited financial statements in our report dated 24 March 2026.' Auditor: SNG Grant Thornton Chartered Accountants (Eswatini), typeset name, no signature; dated 24 March 2026. Abridged statement of comprehensive income (to net income after taxation; no OCI or total comprehensive income line), financial position (no total liabilities, current/non-current split not printed), changes in equity (not transcribed) and cash flows (four lines: cash generated by operating activities, taxation paid, investing and financing totals; no net operating total). No notes. ROE (%) printed below EPS; not transcribed.
Income statement
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Interest income | 742,940,451 | 686,499,512 |
| Interest expense | (280,786,032) | (253,085,086) |
| Net interest income | 462,154,419 | 433,414,426 |
| Non-interest revenue | 254,112,785 | 219,635,240 |
| Total income | 716,267,204 | 653,049,666 |
| Impairment of advances | (61,122,564) | (24,389,006) |
| Net income1 | 655,144,640 | 628,660,660 |
| Expenses | (374,930,380) | (346,341,306) |
| Net income before tax | 280,214,260 | 282,319,354 |
| Taxation | (68,069,667) | (80,270,303) |
| Net income after taxation | 212,144,593 | 202,049,051 |
Notes and alternative reported figures (1)
- “Net income” is an issuer-specific line, not mapped to a shared definition: Total income less impairment of advances, before expenses (printed 'Net income').
Balance sheet
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Cash and cash equivalents | 1,202,619,857 | 1,164,757,528 |
| Government and public sector securities1 | 1,583,726,474 | 1,516,970,365 |
| Derivative assets held for risk management | 12,777,256 | –2 |
| Loans and advances to customers | 4,534,059,721 | 4,014,738,384 |
| Investments3 | 17,486,324 | 16,359,604 |
| Other assets | 89,086,430 | 139,404,421 |
| Deferred taxation asset | 96,145,211 | 92,450,949 |
| Current tax asset | 633,679 | –2 |
| Property and equipment | 107,007,430 | 72,989,556 |
| Intangible assets | 5,571,399 | 340,994 |
| Total assets | 7,649,113,781 | 7,018,011,801 |
| Share capital | 12,305,277 | 12,305,277 |
| Reserves4 | 1,098,107,796 | 1,140,336,797 |
| Total equity and reserves attributable to equity | 1,110,413,073 | 1,152,642,074 |
| Funding from other banks5 | 161,728,491 | 507,249,295 |
| Derivative liabilities held for risk management | 12,183,949 | –6 |
| Deposits from banks | 3,753,341 | 20,464,579 |
| Deposits from customers | 6,135,929,995 | 5,018,632,482 |
| Current tax liabilities | –6 | 4,567,286 |
| Other liabilities | 214,068,908 | 304,356,903 |
| Deferred tax liabilities | 11,036,024 | 10,099,182 |
| Total equity and liabilities | 7,649,113,781 | 7,018,011,801 |
| and contingent liabilities7 | 101,068,356 | 75,746,944 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity_and_liabilities.
Notes and alternative reported figures (5)
- “Government and public sector securities” is an issuer-specific line, not mapped to a shared definition: Printed apart from 'Investments'; no note in the summary.
- “Investments”: mapping to a shared definition is uncertain. Printed 'Investments' with no note in the summary; its nature is not stated.
- “Reserves”: mapping to a shared definition is uncertain. Printed 'Reserves': includes retained earnings and other reserves, not split in the summary.
- “Funding from other banks” is an issuer-specific line, not mapped to a shared definition: Printed apart from 'Deposits from banks'; no note in the summary.
- “and contingent liabilities” is an issuer-specific line, not mapped to a shared definition: Off-balance-sheet memorandum line printed below total equity and liabilities.
Cash flow
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Cash generated by operating activities | 427,177,716 | 172,980,455 |
| Taxation paid | (76,028,052) | (96,210,542) |
| Cash utilized by investment activities | (51,914,396) | (8,891,054) |
| Cash utilized by financing activities | (261,372,939) | (121,419,845) |
| Net cash generated | 37,862,329 | (53,540,986) |
| Cash and cash equivalents at beginning of period | 1,164,757,528 | 1,218,298,514 |
| Cash and cash equivalents at end of period | 1,202,619,857 | 1,164,757,528 |
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Nedbank Eswatini Limited Commentary on the Bank's Financial Performance for the year ended 31 December 2025
Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established
Audit: SNG Grant Thornton Chartered Accountants (Eswatini), unmodified opinion
Auditor's sign-off: SNG Grant Thornton Chartered Accountants (Eswatini) (typeset name)
Final status: Published by the bank through the ESE. An independent auditor's report on the abridged statements (ISA 810, unmodified: 'consistent, in all material respects') is printed, dated 24 March 2026, but the auditor is shown only as the typeset firm name and address 'SNG Grant Thornton Chartered Accountants (Eswatini)' with no signature (PDF p1, page image). The board block 'For and on behalf of the Board' prints the names of the chairman (N. A. Hlatshwayo) and managing director (F. Nkosi), dated 24 March 2026, with no signatures.
- Document date
- 24 Mar 2026
- Published
- 31 Mar 2026
- Auditor's report
- 24 Mar 2026
- Board approval
- 24 Mar 2026
- Retrieved by us
- 6 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- company statements · SZL units (printed “SZL”)
- The document prints 'ESE Share Code: NEDBANK' and ISIN SZ0005797904 (PDF p1); the directory lists ticker NED with the same ISIN. Same legal entity (registration CB39/1974).
- Column headings print 'Change to Year ended. 31 December 2025' and 'Change to Year ended. 31 December 2024' with currency 'SZL'; no change column is printed. Read as the 2025 and 2024 years. 'Net income' is total income less impairment of advances (issuer concept).
- Earnings per share printed in cents (861; 2024: 820, 'Basic and diluted'); stored in emalangeni with the printed figure and unit kept. Dividend of 710 cents per share declared for FY2025 (commentary, p1), not transcribed.
- Independent auditor's report on the abridged statements (PDF p1): 'In our opinion, the abridged financial statements derived from the audited financial statements of Nedbank Eswatini Limited for the year ended 31 December 2025 are consistent, in all material respects, with the audited financial statements, in accordance with the requirements of the Central Bank of Eswatini and the Eswatini Stock Exchange.' Engagement under ISA 810. It states 'We expressed an unmodified audit opinion on the audited financial statements in our report dated 24 March 2026.' Auditor: SNG Grant Thornton Chartered Accountants (Eswatini), typeset name, no signature; dated 24 March 2026.
- Abridged statement of comprehensive income (to net income after taxation; no OCI or total comprehensive income line), financial position (no total liabilities, current/non-current split not printed), changes in equity (not transcribed) and cash flows (four lines: cash generated by operating activities, taxation paid, investing and financing totals; no net operating total). No notes. ROE (%) printed below EPS; not transcribed.
Technical details
- File
- 1 pages, with a text layer
- SHA-256
52f5cb9bde108dcc1366839e650d21635bce4854fff1fdada156748babd60e7b- Entity as printed
- Nedbank Eswatini Limited (Registration Number: CB39/1974)
- Exchange copy
- retrieved 2026-10-06T21:47:27Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.