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FNB is South Africa’s most valuable banking brand for a fourth consecutive year

27 May 2021

For a fourth consecutive year, FNB has been voted as the most valuable banking brand in the 2021 Brand Finance® South African 50 report, leading with a brand value of R22.1 billion.

FNB customers set a new norm as contactless surpasses chip/PIN contact payments for the first time ever

24 May 2021

FNB has revealed that contactless payments have surpassed Chip and PIN contact payments for the first-time ever among its Credit, Debit, Fusion, and Virtual Card users. The Bank attributes the behavioural shift (from chip contact to contactless) to consumer’s preference and awareness of safer, convenient, and quicker means to pay at a Point-of-Sale.

Covid-19 Loan Guarantee Scheme Update

18 May 2021

As at 08 May 2021, R18,35 billion in loans had been approved by banks and taken up by small businesses under the Covid-19 Loan Guarantee Scheme, an increase of R12,60 million over the previous two weeks.

Open Banking: here’s how it’s going to change your life

13 May 2021

Open Banking has landed in South Africa, with the recent launch of Spot Money – and it’s going to change the way consumers manage and control their money by giving them more choices around banking and financial services.

quick poll

Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

View the Results