NBS (Natal Building Society)

NBS
Former type	Public
Industry	Banking
Founded	1888
Defunct	2004
Headquarters	Durban, South Africa
Area served	South Africa
Key people	John Graham Maxwell (Managing Director)
Products	Financial Services
Website	Homepage

NBS was one of the largest Independent banks in South Africa before it went through a series of mergers. It was headquartered in Durban.

History

The Natal Building Society (NBS) was established as a building society in 1882.

In 2002, The NBS, Cashbank and PEP Bank divisions of BoE were incorporated into Peoples Bank, the empowerment subsidiary of Nedbank.

In 2004, NBS was integrated into Peoples Bank.

In 1998, NBS merged with Boland Bank to form NBS Boland. The Managing Director was John Graham Maxwell.
In 1999, NBS Boland merged with B.o.E..
In 2002, B.o.E. merged with Nedcor.

Banks of South Africa

Central bank	South African Reserve Bank

The "big four" commercial banks	Absa First National Bank (FNB) Nedbank Standard Bank

Other	African Bank Bidvest Bank Capitec Bank FirstRand Bank Grindrod Bank Imperial Bank South Africa Investec Sasfin Bank Teba Bank Limited Postbank Development Bank of Southern Africa Land and Agricultural Development Bank of South Africa

Defunct	20Twenty African Banking Corporation Allied Bank Colesberg Bank NBS Permanent Bank Saambou Trustbank United Bank