First National Bank named the most innovative African Bank

 Mr Chetty

Mr Chetty

First National Bank, a division of FirstRand Group has been adjudged the Most Innovative African Bank at the 2017 African FinTech Awards for the second year in a row.

The African FinTech Awards recognises innovative and disruptive financial technology companies that have excelled in their sphere of business.

 

Some of the bank’s achievements include becoming the first bank in Africa to offer integrated telco service, FNB Connect in 2015, which offers a First National Bank branded SIM.

 

Last year, the bank became the first bank in Africa to launch its own branded smart phones and has sold more than 75,000 FNB-branded ConeXis smart phones in Africa.

 

Jacques Celliers, First National Bank Group chief executive in a statement issued by the Bank said he was humbled by the award.

 

“This accolade demonstrates our consistency in creating solutions that prioritise exponential helpfulness to address the needs of our individual and business customers. For us, innovation is a journey that is rooted in customer-centricity,” he said.

 

Commenting on the award, the Chief Operations Officer at First National Bank, Vish Chetty said, “this award comes to confirm our resolve to replicate many of our innovative solutions in other subsidiaries including Ghana. As Africa’s most innovative bank, we will bring our experiences in other markets to bear here in Ghana and make sure Ghanaians experience what our brand stands for – innovation.”

 

First National Bank Ghana Limited, one of the youngest banks in the country, took the lead to introduce a new way of making payment – Geo Payment, the first of its kind in Ghana.

This is an electronic payment that enables customers of the bank to send and receive money when in proximity to other customers of the bank.

According to Mr. Chetty, First National Bank is riding heavily on technology and innovation to deliver modern banking to Ghanaians.

 

 

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