Bank Windhoek welcomes first GDP graduates

Bank Windhoek recently officially welcomed 13 graduates from the Bank’s Graduates Development Programme (GDP) at a graduation ceremony in Windhoek. The graduates consisted of five males and eight females who were trained at the bank’s Learning and People Development Centre. They were the first intake of the programme. Graduates who majored in economics, banking, accounting…

FNB warns about ‘associated robberies’

FNB Namibia has warned against the growing trend of “Associated robberies” which happens when a person is robbed on the way to the bank (to deposit cash) or after he/she has left the bank (after withdrawing cash). Ingrid Veueza Kahona-Katjiukua, Forensics at FNB Namibia elaborates: “We have all read about the latest wave of robberies…

Ashburton Investments officially launched in Windhoek

FNB Namibia Holdings officially launched Ashburton Investments on Wednesday, 5 July 2017. CEO of Ashburton Investments, Josephat Mwatotele expressed his excitement about heading the new addition to the FNB Namibia stable: “The introduction of Ashburton Investments in the Namibian market allows us to offer our local clients access to broader investment product options, and a…

eWallet bulk sends increases to N$ 5000  

FNB Namibia is proud to announce that limits on eWallet bulk on Online Banking for Business have been increased from N$ 2000 to N$5000. Lorraine Keis, Cellphone Banking Branch Controller, FNB Digital Banking explains: “The bulk send option was aimed at catering to the needs of business clients; providing them with an alternate payment channel…

The importance of KYC

The process that banks use to identify and verify the identity of customers is known as ‘Know Your Customer’ (KYC). The objective of KYC is to enable banks to know and understand their customers and their transactions better and help them manage their risks effectively. For example, banks obtain certain information from customers and verify…

Treasury welcomes new Finance Manager Senia Shikesho

FNB Namibia’s Treasury department has welcomed Senia Shikesho as the new Finance Manager, who will be responsible for budgeting, forecasting, preparing high-level reports, various performance analyses, and reviewing financial reports, to name but a few. Senia holds a BCOMPT degree, and completed her articles at a local audit firm. She is also currently studying towards…