FNBB’s CashPlus transactions hit P7.8bn
Tuesday, December 02, 2025 | 450 Views |
FNB CashPlus Registry Book. PIC MORERI SEJAKGOMO
The Botswana Stock Exchange-listed and the country’s largest commercial bank stated it recorded a transactional value of P7.8 billion during the reporting period, up from P5.5 billion in the prior year. The expansion was supported by a growing network of 1,794 CashPlus agents nationwide, it revealed. FNBB stated in the 2025 annual report that CashPlus averaged 393,015 unique monthly users, which is a strong indication of the platform’s expanding reach and adoption. “This level of engagement highlights the strong adoption of our inclusive banking solutions,” the bank said, crediting its broader digital inclusion strategy for the positive momentum.
"Solutions such as CashPlus, eWallet, eWallet Pro, and Pay2Cell continue to reshape how clients access financial services by offering fast, secure, and convenient channels for sending and receiving funds," the bank added. CashPlus, in particular, has been instrumental in extending financial services beyond conventional banking halls. The service allows both its clients and non-clients to withdraw or deposit cash, redeem eWallet funds, purchase electricity and airtime, and settle bills using only an active mobile number and a one-time PIN. “This innovative solution extends our reach beyond traditional banking channels, promoting financial inclusion and enhancing service accessibility,” the bank officials said in the report. Meanwhile, FNBB delivered a strong financial performance for the full year, with profit before tax (PBT) rising six percent to P1.884 billion.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...