Old Mutual to launch new retail bank in South Africa, targeting mass market segment

Old Mutual is preparing to launch a new retail bank in South Africa, marking a significant strategic shift nearly a decade after it divested its majority stake in Nedbank, one of the country’s largest financial institutions. The new entity, provisionally named OM Bank, is scheduled for a nationwide rollout in Q4 2025, following several delays related to … Continue reading Old Mutual to launch new retail bank in South Africa, targeting mass market segment