Nedbank to upgrade network, ATMs
November 9, 2006
(South Africa) Sunday Times: South African Nedbank said it has committed R1 billion (U.S. $138 million) to upgrade and expand its distribution network, including ATMs, over the next three years. The initiative is designed to make banking services more affordable for South African consumers, said Saks Ntombela, Nedbank's managing director of transactional and investment products.