FNB Reveals Plan to Grow its Branch Network

FNB Internet Banking
FNB Internet Banking. Casimiro PT / Shutterstock.com

FNB announced on Tuesday its plan to grow its national footprint by opening more branches.

The bank said it will be adding seven more branches to its existing national footprint of 619 branches in South Africa.

Before the end of its financial year, the bank plans to open additional branches in the Eastern Cape, Mpumalanga, Limpopo, Gauteng and the Western Cape.

Chief Executive of FNB Points of Presence, Lee-Anne van Zyl says on average, FNB branches service approximately 1.6 million customers per month using digital zones (self-service terminals) and in-branch service consultants.

“The branch network is very important in our comprehensive range of interfaces which includes App, Online, Cellphone Banking, Contact Centre and Banker Services suite. Similarly, we have been growing our workforce while making sure that existing employees are equipped to service customers by using technology,” she says.

“While we are growing our branch network, we are also committed to ensuring that our already existing branches are in line with the current modern sleek designs. We have therefore started the process to revamp 29 of our branches in Gauteng, Mpumalanga, KwaZulu-Natal, Limpopo, Western Cape, Eastern Cape, Northern Cape and Free State. The new branch design integrates self-service and personalised service, also important is the fact that the branch will heighten customer privacy during consultations with staff and at the self-service areas.”

The bank added that in its platform journey, physical infrastructure such as branches and ATMs continue to serve a very important purpose.

“We are now leveraging the benefits of our digital journey by placing the relevant technology in the hands of our employees across branches, contact centres and private banking suites to fulfil and service our customers financial services requirements,” says van Zyl.

“Our strategy to be a platform-led organisation and a trusted money manager requires people and skills. We will continue to upskill and reskill employees to help customers with money.”


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