FNB delivered a strong set of financial results for the financial year ending 30 June 2022, as 10.96 million customers continued to place their trust in our ability to help them with their financial, business and lifestyle needs. Our performance was driven by more customers, increased transactional volumes, strong deposit growth, lower impairments, and increased disbursements to our retail and commercial customers.
R28 billion sent in 12 months via FNB eWallet
By Brandstories
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In the midst of a global pandemic which has put strain on household incomes, FNB eWallet remains the most popular way for consumers to send and receive money.
In the last 12 months, the Bankâs customers have sent R28 billion via 7.3 million active eWallets. On average, FNB facilitates close to R2.5 billion and over 4 million eWallet transactions per month.
Raj Makanjee, CEO of FNB Retail and Private Banking says eWallet is a success story of meaningful financial inclusion as a it allows the Bankâs customers to send money to anyone with a cellphone number. In the last two years, weâve enabled more customers to enjoy the benefit of sending money via eWallet by allowing even more customers, including Easy Smart account holders 2 free eWallet sends per month.
First National Bank (FNB) said in a statement yesterday that its customers had sent R28 billion via 7.3 million active eWallets in the past 12 months, and it remained the most popular way for consumers to send and receive money in the midst of the Covid-19 pandemic, which had put strain on household incomes. Photo: Dylan Jacobs/African News Agency (ANA)
FNBâs eWallets sees R28bn sent in past 12 months
By BR Reporter
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JOHANNESBURG - FIRST National Bank (FNB) said in a statement yesterday that its customers had sent R28 billion via 7.3 million active eWallets in the past 12 months, and it remained the most popular way for consumers to send and receive money in the midst of the Covid-19 pandemic, which had put strain on household incomes.