insert_link Namibia FNB Urges Customers to Protect Passwords Amid Rising Threats FNB Namibia has expressed concern over an increase in crimes involving customers being threatened into sharing their banking passwords or OTPs. Communications Manager Kirsty Watermeyer, in a statement, highlighted that the bank collaborates closely with law enforcement to investigate such cases and support arrests. FNB reassures customers of robust security measures, including two-factor authentication, encryption, and advanced fraud detection systems. However, the bank advises customers to reduce daily ATM withdrawal […] today20 January, 2025
insert_link Business / Economics Rental Market Sees Surge, Led by Two-Bedroom Units The average rental price in Namibia reached N$7,348 on a 12-month rolling basis, with two-bedroom units driving market growth, according to recent data as reported by The Brief. In the second quarter of 2024, rentals for two-bedroom properties saw a notable 14.7% increase, up from 11.6% in the first quarter, representing the highest growth among all categories. FNB Namibia’s Rent Price Index attributes this rise to changing tenant preferences […] today10 January, 2025
insert_link Business / Economics 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. today18 December, 2024
insert_link 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 […] today6 December, 2024
insert_link 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 […] today6 December, 2024
insert_link 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 […] today5 December, 2024
insert_link 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 […] today12 November, 2024
insert_link 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 […] today23 October, 2024
insert_link 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 […] today23 October, 2024
