FNB News
Latest articles and news about FNB on AXL Media.
Latest Articles
- Remgro Finalises FirstRand Exit with R3.6 Billion Share Disposal to Bolster Strategic Cash Reserves
Published: Apr 22, 2026
Section: Africa
Remgro, the investment vehicle chaired by South Africa’s wealthiest individual Johann Rupert, has concluded its divestment from FirstRand. The group sold its remaining 1.64% stake...
- Standard Bank Expands Smart ID Services to 30 Branches as South Africa Hits 100-Branch Milestone
Published: Apr 5, 2026
Section: Africa
Home Affairs Minister Leon Schreiber has announced that South Africa has reached its goal of 100 Smart ID-enabled bank branches by the end of the 2025/26 financial year. Standard B...
- Department of Home Affairs Expands Digital ID Services to 110 Bank Branches Across South Africa
Published: Apr 2, 2026
Section: Africa
Minister Leon Schreiber announced a 44% expansion of the Smart ID and passport service network through a new digital partnership with major financial institutions. The rollout has...
- FirstRand Reclaims Most Valuable Bank Title and Invests R1.5 Billion to Expand AI Fintech Foothold in Optasia
Published: Mar 29, 2026
Section: Africa
FirstRand Limited has increased its shareholding in the Dubai-headquartered fintech firm Optasia to 26.1% through a strategic R1.5 billion acquisition of additional ordinary shares...
- FirstRand Braces for UK Regulatory Hit with R5.8 Billion Provision Amid Strong Profits
Published: Mar 7, 2026
Section: Banking & Finance
South African banking giant FirstRand has allocated £240 million (approximately R5.8 billion) to cover potential liabilities stemming from a landmark legal dispute in the United Ki...
- FirstRand Provisionally Reserves R5.8 Billion For UK Motor Finance Litigation Despite Strong Interim Earnings Growth
Published: Mar 5, 2026
Section: Africa
FirstRand, the parent company of FNB, has set aside approximately R5.8 billion (£240 million) to cover potential compensation claims involving its UK motor finance business, MotoNo...