FNB celebrates 110 years of banking

From humble beginnings in Lüderitz in 1907 with only 12 employees, FNB Namibia has grown into a leading bank in the country and through active upskilling and localisation programmes today proudly employs more than 2 200 Namibian citizens, providing banking services via 55 branches and agencies throughout Namibia, while providing multifaceted financial services and products to the nation.

“It is with great pride that we celebrate 110 years in our beautiful country and look back at a numerous highlights over the years, which have made us the most innovative bank in the country,” said Sarel van Zyl, CEO of FNB Namibia Holdings Group.

“In 1997 FNB Namibia became the first locally registered bank to be listed on the Namibian Stock Exchange. Market capitalisation has soared from N$167.2 million to N$8.8 billion in 18 years, making us the biggest listed entity on the Namibia Stock Exchange.

“We are proud to say that we have delivered consistent earnings growth and created value for all our stakeholders.”