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Nedbank results for the year ended 31 December 2025

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The operating environment in 2025 remained volatile and uncertain. Geopolitical conflict, policy uncertainty and US tariffs drove this instability. Closer to home, South Africa made progress across several fronts. As a result, financial markets, corporates and individuals adopted a more optimistic outlook. The South African economy outperformed expectations. Real GDP growth more than doubled to 1.2% year on year during the first three quarters of 2025.

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