FNB was announced as the SME Bank of the Year at the Global SME Finance Forum Virtual awards ceremony held on 27 October. The Global SME Finance Awards 2020 which are endorsed by the G20’s Global Partnership for Financial Inclusion (GPFI) were organised by IFC, a member of the World Bank Group and the SME Finance Forum. FNB was recognised amongst over 100 global participants for its digital innovation, exceptional products and services, as well as the unique and solution-focused manner it approaches challenges facing SMEs as they incubate, start, run and grow their businesses.
The awards were judged by a committee of industry experts, with specific focus on reach, uniqueness and innovation, effectiveness and impact, as well as dynamism and scalability.
Jacques Celliers, FNB CEO – South Africa says, “we are humbled to receive global recognition as this showcases that the work, we are doing for our SME customers is truly adding value. SMEs are important drivers of economic activity, across all corners of society and are often referred to as the ‘backbone’ of economies. As we continue facing unprecedented economic challenges, coupled with the impact of Covid-19, we are cognisant that the SME sector remains a glimmer of hope in helping our country to create jobs and promote inclusive economic development.”
Bydon Longwe, FNB Zambia CEO, says “FNB’s strategy for the SME sector is underpinned by a myriad of initiatives to support businesses throughout all their life stages. Increasing presence in local markets further increases our ability to provide contextual solutions to businesses which will further contribute to addressing the challenges faced by the country such as unemployment, empowerment and economic growth.” The global award has cemented FNB’s place as a world class bank and the commitment for FNB to provide world class solutions.
Source: FNB Zambia