BRafr-September2017
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Namibia’s biggest bank is transforming<br />
how the population does financial<br />
transactions thanks to a digital revolution<br />
Namibia’s biggest bank<br />
is transforming how the<br />
population conducts<br />
financial transactions thanks<br />
to a digital revolution.<br />
The First National Bank of Namibia<br />
(FNB) was founded in 1907 as<br />
Deutsche Afrika Bank, and over a<br />
hundred years and many takeovers<br />
and mergers later, today it is the<br />
country’s largest bank, transforming<br />
how the population transacts<br />
through digital technology.<br />
The digitisation of banking<br />
One of FNB’s biggest innovations<br />
has been the introduction of the<br />
eWallet and, in fact, it was the first<br />
bank in Namibia to implement this. It<br />
makes transactions much easier for<br />
customers by enabling them to send<br />
and receive money instantly via their<br />
mobile phones. This payment method<br />
works on any mobile phone, at any<br />
time of the day or night, and means<br />
102 September 2017
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