7 October 202 First National Bank (FNB) has announced that individual consumers and institutional investors in South Africa will now have an opportunity to get exposure to shares from as little as R10 in some of the world's best performing companies such as Amazon, Facebook, Apple, Microsoft, Netflix, Tesla, Coca Cola and Alphabet which owns Google
04 August 2020
12 August 2020
05 October 2020 Many people still don't see the value of having a valid Will. However, the COVID 19 pandemic has encouraged people to pay more attention to their estate and assets. According to FNB, over the course of lockdown there has been an increase in the number of people who are taking interest in drafting or updating their Will.
17 September 2020 Following the South African Reserve Bank's decision earlier today to keep interest rates at their previous level, FNB confirms that it will maintain its prime lending rate at 7% and will review its position following the next SARB MPC meeting.
10 September 2020 First National Bank (FNB) presents it's annual results for the financial year ending 30 June 2020. The Bank acknowledges that the year has been very hard for many due to an economy that was already struggling before COVID-19, escalating health risks as well as financial difficulties for both customers and businesses.
02 September 2020 FNB has taken the top spot in the 2020 BrandZ Top 100 Most Valuable brands South African report. The report highlights that FNB is valued atR46.4 billion($2.8billion) and has risenin brand contribution with increased equity in all measures, and particularly in meaning and salience.
30 July 2020 FNB has launched its new brand campaign calling on all South Africans to rally behind local business to help rebuild the economy.
29 July 2020 FNB is expanding its digital payments ecosystem by launching a Virtual Card for individuals and businesses customers.
28 July 2020 Covid-19 lockdown regulations coupled with store closures have resulted in several consumers returning to online shopping for essentials products and services.
23 July 2020 Following the South African Reserve Bank's (SARB) decision to cut its lending rate by 0.25%, FNB will be reducing its prime lending rate to 7% from 7.25% with effect from Friday 24 July.
22 July 2020 At the beginning of this year, nobody could have predicted just how economically challenging the year 2020 was going to be.
Johannesburg, 16 July 2020 The stock market can be volatile, but it's a market that many people will delve into at some point in thier lives whether diretly buying shares or through their employer retirement saving fund.
16 July 2020 FNB Life is extending credit life insurance benefits to cover a portion of cashflow relief instalments for customers who already have credit life insurance. Under normal circumstances, customers pay an additional amount to extend insurance cover, however the provider is extending this benefit to protect quialifying customer against the financial impact of COVID-19.
13 July 2020: In the wake of the Covid-19 pandemic coupled with millions of South Africans going hungry daily due to adverse economic conditions, Grain Care and FirstRand SPIRE fund, through RMB and FNB have launched a substantial grain campaign aimed at providing maize meal to vulnerable communities.
08 July 2020: FNB and RMB in KwaZulu-Natal are facilitating the donation of masks to 80,000 families from vulnerable communities of the province. The initiative (KZN Maskathon) is part of the bank's wider response to the COVID-19 pandemic and aims to extend protection to people who cannot afford quality masks.
Johannesburg, 06 July 2020: Goals whether short or long-term form the foundations of your everyday life and your financial plan.
03 July 2020: The recent global health pandemic has caused uncertaintyfor people, business and investment experts across the globe. With low levels of confidence due to poor economic outlook and market volatility,South Africans are urged to look at their investment vehicles to determine which will offer the best returns given the current circumstances.
03 July 2020: In 2019, the Master of the High Court confirmed that as many as 75% of estates reported, are for South Africans who died without a valid Will. However, Johan Strydom, Head of Growth at FNB Fiduciary says that this may be set to change as people become more aware of their own mortality under the COVID-19 lockdown.
03 July 2020: Equity market instability and low cash interest rates have left savers and investors, both locally and abroad, taking another look at government bonds as a potential area of investment.
24 June 2020: First National Bank(FNB) has been voted as the best digital bank in the 2020 SIEisfaction®. The bank dominated overall customer satisfaction metrics in the both the Best Mobile Banking and Best Internet Banking categories
17 June 2020: First National Bank becomes the first bank in South Africa to accept UnionPay Contactless Payment at its SpeedPoint Terminals
01 June 2020: FNB has expressed its gratitude to employees, customers and partners for donating funds as well as eBucks to the FNB bank account that was created to support the National Solidarity Fund.
25 May 2020: Johannesburg - South Africans have spent most of the last 2 months at home on account of the national lockdown. Houses are being spring cleaned, people are clearing their to do lists and relationships are being maintained through technology.
24 May 2020: After a three-day policy meeting, the SARB's monetary policy committee (MPC) on Thursday decided to cut the repo rate by a further 50 basis points (bps) leaving the South Africa's prime lending rate at 7.25%.
22 May 2020: Through the national Maskathon Initiative, FNB has donated 30 000 fabric-face masks to underprivileged and non-governmental organisations throughout the country.
21 May 2020: Following the South African Reserve Bank's (SARS) decision to cut its lending rates by a further 50 points, FNB confirms that it will reduce its prime lending rate to 7.25% from 7.75% with effect from 22nd May 2020.
20 May 2020: In a bid to extend help to a boarder range of small business, FNB has committed R8 million in grant funding to enable micro-entrepreneurs to resume work during and post the Covid-19 pandemic.
14 May 2020: A recent rapid response survey by Stats SA revealed that a staggering 42% of respondents were not confident of being able to continue operations post the COVID-19 outbreak.
12 May 2020: FNB has zero-rated transaction fees on its prepaid airtime, voice, SMS and data bundle purchases for customers who hold its Easy-As-You-Use, Islamic Easy-As-You-Use Account with Zero monthly account fee. This now follows theEasy Zero bank account where prepaid purchases have always been free.
11 May 2020: FNB has received an overwhelming number of application for SAFT funding support from business clients that were impacted by COVID-19. The South Africa Future Trust (SAFT) fund was established by the Oppenheimer family to provide financial support to the employees of qualifying SME's, FNB has been assisting SAFT as an agent to help deploy these funds.
06 May 2020: FNB and Wesbank have approved payment breaks on more than 500 000 credit agreements for nearly 150 000 individuals and business customers since 1 April 2020.
05 May 2020: Following an unscheduled meeting on Tuesday, the SARB's Monetary Policy Committee (MPC) unanimously decided to cut the repo rate by another 100 basis points(bps) to 4.25%, leaving the prime lending rate at 7.75%.
05 May 2020: South Africa's All Share Index has plummeted to levels not seen for more than six years. This has been on the back of the COVID-19 outbreak globally and the declaration of national state disaster in South Africa.
05 May 2020: Following the South African Reserve Bank's decision to cut its lending rate by a further 1%, FNB confirms that it will reduce its prime lending rate to 7.75%.
05 May 2020: Given the recent market volatility that has impacted South Africa, the FNB Equity Research team have collated insights on the best long-term and affordable local stocks to invest in now.
05 May 2020: Unit trusts can be a fantastic instrument for the beginner investor, looking for access to the markets but through a professional fund.
05 May 2020: Headlines last week highlighted an unprecedented fall in oil prices to below zero.
05 May 2020: A KwaZulu-Natal based FNB customer won R135 million from the PowerBall draw after he purchased a R100 Quick Pick ticket through the FNB online banking platform yesterday.
29 April 2020: FNB has welcomed the President's announcement of the R200bn COVID-19 Loan Scheme to enable commercial banks to help businesses that are unable to meet their financial obligations during lockdown thus ensuring their resilience for when the economy reopens.
23 April 2020: As the country continue to observe the national lockdown, and Early Childhood Development (ECD) Centres remain closed, many children across South Africa who rely on the food provided by their ECD centres, no longer have access to their daily meals.
21 April 2020: In the second half of 2008: Oil prices dropped to a third of the price at the beginning of the period. The Rand depreciated by about 30% to the US Dollar. The US Federal Reserve cut uts benchmark interest rate effectively to zero. The JSE all share index lost about a third of its value.
15 April 2020: We remain committed to helping our business customers whose financial position has been impacted by COVID-19. The submission of the SME Assessment will be used as an application for SAFT funding as well as various other relief measures offered by FNB and other providers.
06 April 2020 - In addition to the various COVID-19 measures implemented to provide relief to individual and business customers, FNB has further committed to helping small businesses with alternative funding support, critical business support resources, links to various government resources and private funding initiatives.
03 April 2020 - FNB Connect will reduce data prices by up to 55%, in April 2020. In addition, FNB Connect will double customers' data on their Lifestyle plans without any price increase.
2 April 2020 - First National Bank (FNB) has announced a new strategic partnership with Clicks as the executive health and beauty rewards partner. Members of FNB rewards programme eBucks, can now earn and spend eBucks at over 650 Clicks stores nationwide and online.
30 March 2020 - In recent weeks, the South African Government, business community, philanthropists and society at large have shown remarkable unity in a joint effort to protect our country against the impact of COVID-19.
23 March 2020 - As South Africa and the international community continue to intensify efforts to curb the spread of COVID-19, FNB has reaffirmed its commitment to help SMEs and individual customers whose financial position is adversely impacted by COVID-19.
19 March 2020: Johannesburg: Following the South African Reserve Bank's (SARB) decision to cut its lending rate by 1%, FNB confirms that it will reduce its prime lending rate to 8.75% with effect from Friday 20 March 2020.
10 March 2020: Against the backdrop of an increasingly tough economic climate, FNB has once again delivered solid interim results for the six months to 31 December 2019.
19 February 2019: The use of video and music streaming services is rising significantly as South African consumers continue to look for ways to be entertained at a fraction of the usual cost.
13 February 2019: FNB has been ranked Africa's most Reputable and Innovative banking brand in the 2020 Brand Finance® Banking 500 survey.
10 February 2020: Restaurants continue to enjoy the lion's share of consumer spending during Valentine's Day. According to FNB, on Valentine's Day in 2019, its customers spent approximately R50 million at different restaurants around the country.
28 January 2020: FNB customers who use cellphone banking are now also able to track their spending activities, view available funds as well as their FNB credit status.
28 January 2020: FNB is hosting the 8th Franchise Leadership Summit on the 3rd of March 2020 at Montecasino, Johannesburg.
27 January 2020: To kick start the year and ensure an easy landing into a new world for 2020 students, FNB will be owning Wednesdays by introducing Akulaleki Wednesdays with Happy Data hour and KFC vouchers.
21 January 2020: Entrepreneurs who are starting new businesses are urged to carefully consider the legal status and type of business being registered, as it can have both cost, tax and legal implications in the long-term.
14 January 2020: Following the recently announced rules from the Payments Association of South Africa (PASA) to reduce the maximum value of cheque limits to R50 000, businesses are urged to adopt electronic banking channels.
12 January 2020: Last week's rate cut by the South African Reserve Bank (SARB) provides a bit of a relief to consumers and businesses. It provides consumers with the opportunity to look at how they can maximise their savings and stokvel investments to help them save for those additional goals in the longer term.
14 November 2019 - FNB today launched Easy Zero, a fully-fledged digital bank account with a card to allow customers to transact easily, conveniently and safely without paying a monthly fee. The mobile account was formerly known as eWallet eXtra.
11 November 2019 - FNB customers have made over R14 billion in 'tap' or contactless payments in the twelve months to June 2019, with continued month-on-month growth. This upward trend points to growing appetite for the convenience of contactless payments in South Africa's consumer and business sectors.
06 November 2019 - Fifteen of the most innovative and dynamic businesses in South Africa will be contending for the much sought-after accolade of the 'FNB Business Innovator of the Year 2019' during a gala dinner to be held on 21 November at the Galleria in Sandton.
31 October 2019 - FNB's eBucks Rewards programme has been awarded the Best Programme of the Year 2019 (financial services) and the Most Innovative Use of Technology for Loyalty award at the Loyalty Awards South Africa ceremony held on Wednesday in Cape Town.
15 October 2019 - FNB Business is living up to its commitment to help South African entrepreneurs by launching new products and solutions that it believes will help increase the level of SME activity and create a culture of entrepreneurship in the country.
Johannesburg, 5 September 2019 - FNB has once again produced excellent results, with strong performances from across the business. A consistent strategic focus on cross and upsell to existing clients resulted in an uplift in deposit and lending volumes with customer numbers at 8.2 million.
Tuesday 20 August 2019: FNB and Disney Africa announced a collaboration to bring a series of family-orientated Disney LIVE events over the course of the next year to South African audiences.
01 June 2019: eBucks Rewards members will have an opportunity to earn Double their fuel rewards on a quarterly basis with up to R8* back in eBucks per litre at Engen fuel stations. Other new earn categories that are launching include earning up to 15% back in eBucks at KFC stores and up to 40% back in eBucks on InterCape bus rides for FNB Gold customers.
29 April 2019: Following overwhelming responses from entrepreneurs, the FNB Business Innovation Awards (FNB BIA) have been extended to include two more categories, and now represent the entire business landscape in South Africa.
03 May 2019: In the aftermath of the natural disasters that affected parts of KwaZulu Natal, Eastern Cape and Mozambique, FNB has initiated the #HelptoRebuild initiative. The initiative is an appeal for help to customers and broader society to contribute towards relief efforts for displaced people and communities in the affected areas.
15 April 2019 : South Africa's middle-income consumers on average spend 25% of their take home monthly income to pay interest accumulated on debt.
FNB has welcomed the judgement delivered by the Equality Court on 10 April 2019 to dismiss the matter relating to allegations of racial discrimination on interest rates by Saambou Bank.
8 April 2019 : First National Bank (FNB) has launched a new functionality on its banking app that enables customers to shop directly from the app. The eBucks Shop, which was previously only accessible on the eBucks website, offers customers exclusive pricing for products ranging from tech and gaming to appliances and outdoor.
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