New FNB CEO calls on Govt to use EFTs

09 May 2015 12:40pm
OSHAKATI, 08 MAY (NAMPA) – First National Bank of Namibia (FNB) Chief Executive Officer Sarel van Zyl says Government should move away from cheque payments and instead use electronic funds transfers.
Speaking during the FNB CEO stakeholders’ engagement dinner at Oshakati in the Oshana Region on Thursday, Van Zyl said cheque deposits result in long queues at FNB branches around the country.
Besides the cheque deposits, cash deposits by FNB customers also contribute to the long queues the bank is experiencing, he said.
Van Zyl noted that the world is embracing cellphone, online and computer banking and, as such, Namibia is no exception.
He commended Government for creating a conducive environment for business growth, adding that it is up to the business community to make use of available entrepreneurial opportunities.
“We must stop complaining and seize the opportunities,” the FNB CEO urged, adding that there is a lot the business community should be grateful for in the country.
Van Zyl, who joined FNB Namibia on 01 December 2014 after serving the bank for the past four years in Zambia, used the same platform to announce his bank’s plan to provide cash deposit automatic teller machines (ATMs) in the near future to provide after hours banking access.
“We know we cannot survive as a company without giving the customers the best service possible,” FNB’s Area Business Manager for the Far North, Tomas Iindji, said at the same function.
He said FNB Namibia has put customer service on the forefront of its strategic development.
Governor Clemens Kashuupulwa of the Oshana Region also participated in the event and told those present that Government remains committed to supporting the private sector in its contribution towards employment creation, economic growth and poverty reduction in the country.
Kashuupulwa also urged the FNB management to assist Government in its housing programme by offering loans to low-income earners.
The FNB CEO Stakeholders’ engagement dinner was aimed at introducing Van Zyl to the business community and the regional and local authority representative in northern Namibia.
FNB has close to 580 000 customers countrywide.