FNB Botswana increases footprint with new Branch in Mochudi

27th September 2017
BoB GOVERNOR: Moses Pelaelo officially opening FNBB branch in Mochudi. Source:The Midweek Sun

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By Sun Reporter - Reporter


First National Bank of Botswana recently officially opened a new branch at Pilane Mall in Mochudi. The Bank’s 23rd Branch was officiated by the Governor of Bank of Botswana, Moses Pelaelo. The Bank, which has renewed its focus on customer-centricity, is making an effort to make banking easier and more accessible to more Batswana.

The opening of a branch in Mochudi is in line with the Bank’s expansion plan of increasing its footprint countrywide, in the interest of serving a wider customer base. FNBB CEO, Steven Bogatsu emphasised the importance of investing in infrastructure to make banking comfortable and convenient. “Taking banking to the people has always been a top priority at FNB, because we endeavour to save customers money and time spent travelling to another location to access banking facilities. Our presence here in Mochudi also presents us with an opportunity to bank the unbanked bankable population”, said Steven Bogatsu.

Mochudi Branch boasts a number of quality services such as self-service zones where customers can view their accounts and print statements, Internet banking Kiosks, ATMs and ATMs with Deposit. All these modern facilities are part of the bank’s effort to continue to offer enhanced services in response to local demand, hence making banking more flexible and convenient for customers.

Mochudi Branch opening follows the recent relocation of Kanye and Mahalapye Branches to a more spacious location and the refurbishment of the Gaborone Industrial branch. Over the last five years, FNB has grown organically to be the largest bank in the country. The bank’s total assets increased from P13.9 billion in December 2011 to P23.6 billion in June 2017. In the same period, loans and advances rose from P8.3 billion to P15.6 billion, while deposits grew from P11.8 billion to P18.7 billion.

The bank employs a total of 1 269 staff members, most of whom are Batswana; it has a network of 23 branches, 150 cash dispensing Automated Teller Machines, 51 Automated Teller Machines that have deposit taking capabilities, 25 Slimline Automated Teller Machines and 5 600 point of sales machines in retail outlets all over the country.




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