Johannesburg (Dow Jones)-Nedcor Bank Group UGG Boots co., Ltd. (i.e. NED.JO) extended to South Africa and other regions of the continent's strategy may accelerate significantly as HSBC Holdings Co., Ltd. (HBC, hereinafter referred to as: the International Bank partners), the lenders of the Chief Executive Officer, said on Monday. Nedcor Bank's parent company, Old Mutual plc company (OML.LN) earlier in the day, said that it had received proposals from HSBC, you can see it with your bank's shareholders are about 70 per cent of the shares. Nedcor Bank on the basis of the stock closing price on Friday, with some $ 9250000000 's market value. "HSBC represents an attractive partner," company CEO calls Brown said MBT Shoes Sale. "HSBC as an international banking pedigree. For myself, "Brown said the company still in Johannesburg, in accordance with the old in the common fund, which since 1986, most owners of current business vision and comfort, but he added that HSBC has brought a substantial international presence is in the old Bank of mutual insurance companies are concerned. "Our plan is to build the most admired Bank in Africa," he said, did not disclose this to the African continent is the National Bank of Riley for the expansion of the target. He said that South Africa, which is the fourth largest bank in market value is still the focus of the company. HSBC Bank, Brown said, between the Old Mutual and discussion of preliminary stage, he has not indicated how the process might take. Nedcor Bank's Board of Directors will be advised if the acquisitions, it said. Through the news the way boost Riley banks HSBC stock, 0735 Greenwich mean time closing price 139.65 6.5 percent, higher than 1 unit in Johannesburg MBT Shoes.