Tag: FNB
FNB to shut down cryptocurrency platforms’ bank accounts
First National Bank provided more insight on Wednesday into why it has given notice to cryptocurrency trading platforms in South Africa that it will shut their bank accounts.
Affected currency exchanges include VALR.com...
FNB contributes R17 million in SME grants to tackle social challenges
In line with its broader strategy of support for South African SMEs, FNB recently distributed over R17 million in grant funding to black-owned businesses that could potentially have a significant impact...
FNB pays out R11.8 billion to property buyers using nav» Home in its banking...
FNB has facilitated R11.8 billion in payouts to property buyers using nav» Home in its banking APP. Since launching nav» Home in 2016, approximately 10 000 families have been placed in homes through the seamless functionality.
Chief...
New banks circle small businesses
It is not only retail banking customers who stand to win as competition in the South African banking sector heats up. Businesses — particularly small and medium-sized ones — could also...
FNB partners with Future Females to grow SA women entrepreneurs
First National Bank said on Wednesday it had joined forces with Future Females as the main sponsor of all its South African chapters in a bid to accelerate the pace of...
FNB branches has issued almost 160 000 Smart IDs and passports
FNB has issued close to 160 000 Smart ID cards and passports since the inception of a partnership between banks and Department of Home Affairs.
The bank has facilitated the issuing of...
What to consider when planning for retirement
We will all reach a stage where we will have to retire from our jobs. When this day eventually comes, we need to ensure that we are in a space to...
Middle-income South Africans spend their monthly pay in 5 days or less
More than half (56%) of middle-income consumers in South Africa spend their entire monthly salary in five days or less after receiving it.
This is according to data from FNB’s...
FNB kicks-off Global Entrepreneurship Week by engaging township entrepreneurs
FNB is once again embarking on a series of interactive engagements with entrepreneurs across South Africa’s biggest townships. Launched in 2017, the initiative is part of the bank’s ongoing engagements with...
Home Affairs plans to open 20 new Smart ID offices with SA banks
The Department of Home Affairs plans to expand its Smart ID and passport partnership with South Africa’s banks, by adding 20 additional branches to the programme in major urban centres. The Smart...
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Transport Month panel discussion tackles Cape Town’s congestion conundrum
The City’s Urban Mobility Directorate kicked off Transport Month with a panel discussion around Cape Town’s congestion conundrum at the Concourse in the Civic...