Easy and accessible banking

FirstRand Namibia has 2 886 registered shareholders of which 2 760 are Namibian.

30 November 2018 | Banking

From humble beginnings in 1907 with only 12 employees in Lüderitz, the FirstRand Namibia Group today employs more than 2 300 people.

FirstRand Namibia Group has a presence throughout the country, providing multifaceted financial services to the Namibian nation.

“In 1997 we became the first locally registered bank to be listed on the Namibian Stock Exchange and we are proud and thankful to have been able to deliver consistent earnings growth while creating value for all our stakeholders, ranging from customers to government and employees,” said CEO Sarel van Zyl.

FNB Namibia Holdings Limited announced its name change to FirstRand Namibia Limited in 2018.

Activities within the FNB Namibia Holdings Limited group have expanded to a multi-branded approach and the name no longer represented the multi-branded structure of the group. FirstRand Namibia Limited is representative of a holding company for the multi-branded group, including the FNB, RMB, WesBank and Ashburton brands.

“We are extremely proud of the innovative and full range of products and services we provide to individuals, as well as enterprises both large and small”, Van Zyl added.

FirstRand Namibia has 2 886 registered shareholders of which 2 760 are Namibian. They own almost 103 million shares, valued at more than N$4.6 billion at 30 June 2018.

“Indirectly, through the various investments by Namibian pension funds in FNB Namibia Holdings shares, a broad spectrum of the Namibian population has an interest in the company,” Van Zyl said.

More affordable and accessible

Throughout the years, FirstRand Namibia has been at the forefront of innovative products and services, especially over the past few years as digital banking has taken over. Their investment in technology has assisted customers to become more self-sufficient through the self-help channels on computers and cellphones.

This has not only enhanced their banking, as it can be done whenever, wherever, but has also led to significantly reduced costs for customers.

They are delighted with the fact that less customers have had to visit a physical branch over the past years, as they embrace digital platforms.

Through innovative products and channels such as e-Wallet, personal loans and automated deposit machines, cash back and the FNB App, “we firmly believe that no one has to be left out when it comes to financial services as we already bank over more than 800 000 customers in Namibia while financing homes for people from all walks of life”, Van Zyl added.

More tools in the self-service box include ‘cash at till’ and CashPlus, which offers FNB customers cash deposit and withdrawal services at selected small and medium retail outlets, effectively taking the bank to the people. Introducing banking solutions to remote areas, essentially to wherever our customers are, is one of the ways in which they proactively answer their own question of ‘how can we help you?’

“As a group we remain committed to employing the right people, valuing our customers, and doing the right things.

“FirstRand Namibia remains dedicated to the country and its people and will continue to work hand in hand with the public and private sector so that together we can create a better world for all Namibians.

“Our mission at FirstRand Namibia is to be a great Namibian financial services provider, creating a better world and we will do that through executing our Vision 2020 through our 4Ps, namely People, Partnership, Planet and Profit.

“Our aim is to grow our business organically and not through price increases, through sustainable value adding partnerships, using our well-known brands,” Van Zyl said.

Similar News


Going, going, gone

1 week ago - 14 March 2019 | Banking

The sole director of Transparency.com, which was housed in a non-descript office in Centurion, Johannesburg, has given a first-hand account of how the millions raided...

'Ask no questions, hear no lies'

1 week ago - 12 March 2019 | Banking

The liquidators of the SME Bank, David Bruni and Ian McLaren, have applied to the Gauteng High Court in South Africa to freeze five bank...

How SME Bank was looted

2 weeks ago - 07 March 2019 | Banking

Advocate Raymond Heathcote, acting on behalf of SME Bank liquidators David Bruni and Ian McLaren, said in court this week that the case read like...

Agribank chases defaulters

4 weeks ago - 21 February 2019 | Banking

Embattled farmers defaulting on their loans are increasingly being dragged to court in an effort by Agribank Namibia to recover outstanding debts. Last...

BoN, Bundesbank to further bolster ties

1 month - 18 February 2019 | Banking

The Bank of Namibia (BoN) and the central bank of Germany, the Deutsche Bundesbank, want to strengthen existing ties, particularly in the areas of combating...

Surge in use of digital banking

1 month - 11 February 2019 | Banking

FNB Namibia says customers are increasingly embracing digital banking channels in order to bank in a convenient and affordable manner.The highest number of customers migrated...

Banks sued for rand manipulation

1 month - 07 February 2019 | Banking

The Competition Commission of South Africa says Standard Chartered Bank has pleaded guilty to currency manipulation, including of the South African rand, citing a consent...

Peace of mind

1 month - 01 February 2019 | Banking

Bank Windhoek, Auto Armor Namibia and Amber Connect have forged an amazing partnership that gives customers peace of mind on the road.Bank Windhoek, Auto Armor...

LongRich model under investigation

2 months ago - 18 January 2019 | Banking

The Bank of Namibia is assessing the activities of LongRich to establish whether it is legitimate or a pyramid scheme, BoN spokesman Kazembire Zemburuka has...

IT glitch leaves bank customers stranded

2 months ago - 09 January 2019 | Banking

OGONE TLHAGEAn IT glitch left hundreds of FNB Namibia customers at Oshikango stranded yesterday.The customers, who were queuing outside the bank from 08h30, thought that...

Latest News

Millions unaccounted for at NDC,...

2 days ago - 20 March 2019 | Economics

The Namibia Development Corporation (NDC) has failed to submit documentary evidence to prove how it spent N$90.1 million between 2015 and 2017, the latest report...

Aluta continua!

2 days ago - 20 March 2019 | Columns

Tomorrow is without doubt a significant day in our national history, as we pause to celebrate the spirit of our forefathers and struggle heroes and...

Africa Briefs

2 days ago - 20 March 2019 | Economics

No end date for Eskom’s power cutsSouth Africa's public enterprises Minister Pravin Gordhan said yesterday he cannot say yet when rolling blackouts will end, as...

Cob plundering suspects nabbed

2 days ago - 20 March 2019 | Crime

Leandrea Louw Two men arrested on Saturday for allegedly being in possession of 60 large cob made their first appearance in the Walvis Bay Magistrate’s...

Unfinished pipeline impacts 7 000...

2 days ago - 20 March 2019 | Infrastructure

About 6 932 people and 33 790 large and 18 395 small stock units are facing thirst, as the agriculture ministry battles to finish the...

Apple unveils new iPad, updates...

2 days ago - 20 March 2019 | Technology

Sonam RaiApple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25...

Climate change and productivity

2 days ago - 20 March 2019 | Agriculture

Climate change is a long-term change in climatic/weather patterns of the earth or region. Such change is observed in temperature and rainfall patterns, amongst others....

Palladium hits record high

2 days ago - 20 March 2019 | Business

Palladium surged to a record yesterday as the risk of a ban on some Russian exports added to supply concerns for the autocatalyst metal. Spot...

State supports non-compliant security firms

2 days ago - 20 March 2019 | Business

Employers and trade unions agree that one of the major issues facing the Namibian security services industry is that some government institutions continue to appoint...

Load More