FNBB fee income reaches P789m
Friday, February 23, 2024 | 460 Views |
Making moves: Bogatsu noted growth in FNBB’s customer numbers PIC: PHATSIMO KAPENG
Non-interest income has been a star performer for FNBB over the years, as the bank has reaped the dividends of its heavy investment in fintech innovation.
In the six months to December 2022, FNBB’s non-interest income grew by five percent to P757.3 million.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...