first national bank (fnb)

  1. Jan

    FNB rolling out solar power to 100 branches

    FNB launching solar power at 100 branches First National Bank (FNB) will install solar power systems in 100 branches across South Africa. This is part of its commitment to environmental sustainability and operational resilience, the bank stated. The bank said the initiative aims to improve...
  2. Jan

    Sashin Sookroo appointed FNB Connect CEO

    FNB Connect gets new CEO FNB has announced that Sashin Sookroo has been appointed the new CEO of the bank's mobile virtual network operator (MVNO) — FNB Connect. Sookroo has been working for FNB for 14 years and started in the CEO position on 1 July 2023.
  3. Jan

    eBucks revamped rewards structure analysed - how to hit Level 5

    How to hit eBucks Reward Level 5 under new rules — without spending an extra cent With the recent changes to FNB's eBucks rules, it is possible to reach the rewards programme's highest earning level without spending an extra cent on FNB or third-party products. FNB revises its eBucks...
  4. Jan

    FNB Connect announces partnership with MTN

    FNB Connect to run on MTN's network First National Bank (FNB) has announced a partnership with MTN that will see the company’s mobile virtual network operator (MVNO), FNB Connect, run on its infrastructure. MyBroadband contacted the bank to ask what this means for its existing MVNO agreement...
  5. Jan

    MTN fights 'bizarre' funds seizure in Cameroon over bank dispute

    Cameroon seizes MTN's money over fight between FNB and businessman A Cameroon court ordered banks used by South Africa’s MTN Group Ltd. to transfer its funds into escrow over a dispute the wire carrier says it has nothing to do with, marking an escalation of a conflict that had already frozen...
  6. Jan

    FNB says new eBucks rules will be announced on 30 June 2023

    FNB eBucks changes delayed — what to expect FNB has delayed its annual eBucks Rewards adjustments by a month. The bank typically implements changes for the popular rewards programme alongside its fee updates in July of each year.
  7. Jan

    FNB's new solar power products prices compared to Takealot, GeeWiz, Incredible

    FNB vs Takealot vs Incredible — Cheapest shops to buy load-shedding backup power While the prices of many energy products offered on FNB's eBucks Shop compare fairly well to other stores, its solar systems seem exorbitantly expensive, a MyBroadband analysis found. In addition to solar energy...
  8. Jan

    FNB starts selling backup power products and offers solar loans

    FNB launches energy products on mobile app — including power stations, inverters, and generators FNB has started selling energy products on its mobile banking app and is offering customers the ability to take out solar financing through a home loan. The bank said the offerings were part of its...
  9. Jan

    Online vehicle licence disc renewal comparison - Post Office vs Natis vs FNB vs Spar vs Pick n Pay

    Cheapest vehicle licence disc renewals in South Africa South African motorists have to renew their vehicle licence discs annually, and a MyBroadband analysis has revealed that doing so through the South African Post Office offers the most affordable nationally available option. MyBroadband...
  10. Jan

    Entry-level bank account comparison - Bank Zero wins (March 2023)

    Cheapest bank accounts in South Africa Bank Zero offers the cheapest low-cost banking service in South Africa, a MyBroadband analysis using a basket of transactions shows. South Africa's major traditional and digital banks all offer entry-level, low-cost accounts for those who prefer a...
  11. Jan

    PayShap transaction fees at launch - Bankserv, Absa, and FNB respond

    FNB and Nedbank crush Absa and Standard Bank in PayShap prices First National Bank (FNB) and Nedbank currently offer the best prices on PayShap transactions, a MyBroadband analysis reveals. BankservAfrica and the Payments Association of South Africa (Pasa) launched the new real-time payments...
  12. Jan

    BankservAfrica, Reserve Bank, PASA, banks launch PayShap rapid payments system

    PayShap launches in South Africa The South African Reserve Bank (SARB), BankservAfrica, and four prominent banks launched PayShap on Monday, 13 March 2023. The Rapid Payments Programme will go live with the four banks immediately, meaning FNB, Absa, Nedbank, and Standard Bank customers can use...
  13. Jan

    Top 5 MVNOs in South Africa

    South Africa's top MVNOs Mobile virtual network operators (MVNOs) offer South Africans an alternative to the country's mobile operators — MTN, Vodacom, Cell C, and Telkom. An MVNO is a company that doesn't own a mobile spectrum licence but sells cellular services under its brand name using the...
  14. Jan

    E-Home Affairs branch list - January 2023

    Bank branches where you can get your passport and smart ID The number of bank branches at which South Africans can renew their passport or apply for a smart ID card has risen to more than 30. However, there are several discrepancies between the Department of Home Affairs' (DHA) list and the...
  15. Jan

    Digital vs traditional banking transaction fees comparison

    TymeBank beats digital and traditional bank competitors in transaction fees battle Fit-for-purpose digital banks are taking the fight to traditional banks in South Africa, pushing the envelope of what's possible without branches and bringing down banking costs in the process. Digital-first...
  16. Jan

    Online banking fees comparison - January 2023

    Capitec beats Absa, FNB, Standard Bank in online banking fees comparison Capitec's GlobalOne transactional account has the most affordable online banking fees across the major South African banks, a MyBroadband analysis has revealed. Gone are the days of physically visiting a bank branch to...
  17. Jan

    South Africa's top MVNOs

    South Africa's top MVNOs While most South Africans use the country's major mobile networks — Cell C, MTN, Telkom, and Vodacom — for their cellular needs, they can also choose from a range of mobile virtual network operators (MVNOs). While MVNOs still leverage the network infrastructure of...
  18. Jan

    Although unlikely, FNB and Mediclinic are preparing for a total blackout

    FNB and Mediclinic preparing for total Eskom grid collapse — even if it is unlikely Major South African companies like First National Bank (FNB) and Mediclinic are putting plans in place for the unlikely event of total grid collapse in South Africa, MyBroadband has learned from a reliable...
  19. Jan

    Absa vs Capitec vs FNB vs Nedbank vs Standard Bank web traffic analysed

    Online banking battle in South Africa FNB is leading the online banking race in South Africa, but Standard Bank, Nedbank, Absa, and Capitec are closing the gap. Online banking is a core offering for banks and is the preferred engagement medium for many South Africans.
  20. Jan

    SA Banking Sentiment Index 2022 released

    Most loved and hated banks in South Africa — with one slipping badly Banking was among South Africa's "most liked" industries in the past year, beating retail, insurance, and telecommunications. That is according to the SA Banking Sentiment Index for 2022 compiled by DataEQ, the company...