NBS (Natal Building Society)
| 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.
Mergers
- 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.
See also
References
External links
- Website of Nedbank South Africa
- Ex-NBS employees on https://www.facebook.com/groups/4190212227/
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