NBS (Natal Building Society)

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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.

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v t e 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