FNB Namibia Warns Customers About Rising Holiday Fraud

FNB Namibia Warns Customers About Rising Holiday Fraud

Tjirimuje Raseuatjo, FNB Namibia's Head of Operational Risk, has raised concerns about a surge in fraud cases during the festive season, particularly affecting those who may be more relaxed. The bank reminds customers that it will never ask for sensitive information like OTPs or passwords and urges them to take secure measures to protect their accounts.

December 18, 2024 11

Local

FNB Namibia Donates Speed-Point and TV Monitors valued at N$20,000 to Katutura Magistrate Court

05 December 2024 WINDHOEK, NAMIBIA – FNB Namibia is proud to announce its contribution to the Katutura Magistrate Court with the donation of two television monitors and a speed-point device, aimed at enhancing the court's service delivery and communication with the public. At the handover ceremony, held at the Katutura Magistrate Court, FNB Namibia Relationship Manager for Public Sector Banking Balle Hans expressed gratitude for the opportunity to contribute […]

December 6, 2024 6

Business / Economics

FNB Namibia Named Best Bank in Namibia at Global Banker Awards

First National Bank of Namibia has been recognized as the Best Bank in Namibia at this year's Banker's Bank of the Year Awards, held in London. The prestigious accolade highlights FNB Namibia’s commitment to providing innovative, socially impactful financial solutions while adhering to global best practices. Conrad Dempsey, CEO of FirstRand Namibia, expressed gratitude for the trust and loyalty of customers, reaffirming the bank's mission to foster a globally competitive […]

December 6, 2024 6

Business / Economics

FNB Namibia Offers Drought Relief Loans to Farmers

FNB Namibia is stepping up to assist farmers affected by the ongoing drought in the country. In line with the Bank of Namibia’s recent policy changes, FNB is offering loan moratoriums, restructuring, and emergency funding under preferential terms to qualifying agricultural clients. These measures aim to provide financial relief to farmers until October 2026. CEO Sepo Haihambo emphasized that the bank is committed to supporting Namibia's agricultural sector, which is […]

December 5, 2024 11

Local

FNB First to Launch Enhanced Cross-Border Payments with BankservAfrica’s TCIB Solution

11 November 2024 WINDHOEK, NAMIBIA – Cross-border payments are a lifeline for many people and businesses in Africa. These customers rely on fast, secure, and cost-effective payment offerings to manage the daily transfer of funds to friends, associates, and family members in other countries. To meet the evolving needs of its customers, FNB has partnered with BankservAfrica for its Transactions Cleared on an Immediate Basis (TCIB) system. This solution will […]

November 12, 2024 5

Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

October 23, 2024 27

Local

FNB NAMIBIA ADDS SECURE CHAT FEATURE TO FNB APP – CHATPAY

22 October 2024 Windhoek, Namibia - In an innovative move, FNB Namibia has introduced a new chat feature to the FNB App. ChatPay enables FNB App users to initiate payments seamlessly without the need of a formal bank account number, whilst securely chatting via the App. The solution combines convenience, simplicity, and affordability, allowing customers to chat and make payments simultaneously and securely using their smartphone and banking App. A […]

October 23, 2024 11

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. FNB Namibia economist Helena Mboti, explains.

October 2, 2024 45

Business / Economics

FNB Namibia expects inflation to reach 4.7% in September

FNB Namibia expects headline inflation to increase to 4.7% year-on-year in September from 4.4% in August, mainly driven by rising food and non-alcoholic beverage prices because of the ongoing drought, while transport costs continue to decline. Core inflation is expected to slightly decrease from 3.8% in August to 3.7% in September. This small drop suggests that, even though overall inflation might temporarily rise, inflationary pressures in the economy are gradually […]

October 2, 2024 36