Firts National Bank of Botswana -Lobatse -Botswana

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Africa Business (Only African) Category: BUSINESS and FINANCIAL SERVICES & BANKINGAfrica Business (Only African) Tags: Bank, Botswana, Business, Financial, Firts National Bank and Lobatse

  • Profile

    First National Bank Botswana (FNBB) was registered in 1991, as a wholly owned subsidiary of First National Bank Holdings (Botswana). Various acquisitions led to the Bank becoming a listed entity on the Botswana Stock Exchange in 1993. As at December 2011, FNBB is the largest company on the Botswana Stock Exchange by capitalization. The Bank has the largest balance sheet of all the Banks in Botswana totalling P12 billion and the largest advances book of all the Banks in Botswana over P8 billion. Despite being the newest entrant of the four largest banks in the country, FNBB has, in its 21 years of operation, become the most profitable Bank in Botswana with the most diversified balance sheet structured to achieve sustainable profits in all economic conditions.

    FNBB is a leader in banking innovative products and has emerged as first in many areas in Botswana; First to introduce a Pula based credit card; First to provide internet banking; First to bring inContact – real time transaction based SMS/email messaging; First Bank in Botswana to establish a charitable Foundation; First to introduce Cellphone Banking; First to introduce an instant accounting solution for SMMEs; First to introduce Mobile ATM; First to introduce a one stop payment solution: FirstPay Portal.

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