Short Sighted Nedbank in times of crisis

The impact of Nedbank NOT aligning themselves with government’s COVID19 operating structure of business being allowed to open according to their levels 1-5 is devastating. We are a sports events company only allowed to operate in level 1 when gatherings are legal.

A 3 month freeze on credit card & overdrafts is WOEFULLY inadequate given our right to trade was taken away from us in March and it’s now August and with no commencement date insight of level 1 business being allowed to open for trade. This is on top of not being eligible for Covid Relief or Loans by Nedbank.

Nedbank should recognize each business for the sector they fall in and assist accordingly and live up for their slogan “navigating these uncertain times together”. Instead I receive a scathing & threatening text message of handing their clients over and Judgements.

This clearly shows Nedbank’s short sightedness in understanding that our hands are tied by government and will result in either the loss of a many small businesses not yet permitted operate; and or taking their business to another bank as trade will eventually recommence.

K Desmond C:***