First National Bank launches mobile app across Africa

First National Bank South AfricaFirst National Bank will launch its digital banking services for its African operations. (Image source: Keso)First National Bank (FNB) has rolled out its banking application and mobile website following the rise in demand for smartphones and tablets in Africa

FNB customers in Zambia, Namibia, Botswana Swaziland, Lesotho, Tanzania and Mozambique will now be able to access digital services from the bank, FNB said.

The South African bank has a total of 600,000 customers signed up to its banking app in the South African market, the financial institution stated.

"Global trends indicate that apps and digital in Africa should not be ignored," said FNB's Mobile and Connect head of expansion, Michael Kloeck.

"We foresee that eventually as supply increases and prices of smart devices fall that more people will have access to these devices to be able to transact using our digital channels," Kloeck added.

Informa Telecoms & Media analyst, Thecla Mbongue, recently said FNB's move in providing digital banking services did not come as a surprise.

"Obviously the banking penetration in the rest of Africa isn't as high as in the South African market, but you will find that banking customers also require the same services," Mbongue said.

"Especially with the adoption of smartphones on the continent," she added.

The app in Africa is available for download on Apple, BlackBerry and Android devices, FNB revealed.

twn Are you sure that you want to switch to desktop version?