MBCA to rebrand to Nedbank

South Africa based financial group Nedbank plans to rename its local unit MBCA Bank to Nedbank Zimbabwe next year.

MBCA's MD Charity Jinya said it is too early to confirm the plans and will advise if there is something in place.

This comes as two years ago, MBCA embarked on a partial rebranding exercise by changing its predominantly blue colour to green, a colour also used by Nedbank.

At the time, the banks' spokesperson Dedrey Mutimutema said they were rebranding in line with Nedbank's strategies.