Botswana leads in FNB's cellphone banking

Friday, June 24, 2011

First National Bank of Botswana (FNBB) cellphone banking has recorded a year-on-year growth of 277 percent, with 65 percent of its customers using the service, the CEO of FNB Africa, Danny Zandamela, has said.

In a statement released on the FNB Africa website, Zandamela says at 65 percent, Botswana customers take the lead in using the service, compared to other countries in which the bank has operations in the region.

Botswana is followed by Namibia and Zambia at 47 percent and Swaziland with 11 percent. Together the four countries perform in the region of 1.2 million-cell phone-banking transactions per month, worth approximately P122 million.

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Botswana leads in FNB's cellphone banking

First National Bank of Botswana (FNBB) cellphone banking has recorded a year-on-year growth of 277 percent, with 65 percent of its customers using the service, the CEO of FNB Africa, Danny Zandamela, has said.

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