Funding & Finance

FNB bags yet another accolade as the most valuable financial services provider

First National Bank has scooped the most valuable financial services provider for the third consecutive year. The South African bank has been recognised as the winner in Kantar BrandZ’s Top 30 Most Valuable South African Brands 2022. Compared to 2022, FNB’s brand value increased by 30% to $3.5 billion, and it earned a Special Award

FNB bags yet another accolade as the most valuable financial services provider

FNB bags yet another accolade as the most valuable financial services provider

Share
Main Image: FNB Bank/Twitter
Advertisement

First National Bank has scooped the most valuable financial services provider for the third consecutive year.

The South African bank has been recognised as the winner in Kantar BrandZ’s Top 30 Most Valuable South African Brands 2022.

Compared to 2022, FNB’s brand value increased by 30% to $3.5 billion, and it earned a Special Award for ‘Exposure,’ a brand indicator that recognises brands that develop “excellent advertising with memorable icons and messages”.

BusinessTech reports that Jacques Celliers, FNB CEO said their brand is something that they carefully nurture, because it reflects their ‘devotion and commitment to serving customers and society at large’.

“It’s a pledge that we will be there, through thick and thin, to provide them with the help they require, not just to get them through tough economic times, but more crucially, to help them realise the full potential of their money to create the lives and futures they seek and deserve,” he said.

“Since its formation in 1838, our organisation has been founded on this commitment. And while our name, logo, and corporate identity have steadily evolved over the years to reflect the changing environment in which we operate, our commitment to the promise of ‘help’ remains as strong as ever. In fact, it’s stronger than ever,” Celliers explains.

Advertisement

It is reported that the latest recognition as the leading financial services brand also reinforces the bank’s ongoing efforts to build a strong, trustworthy, and highly regarded brand.

In the past year alone, FNB expanded its collection of accomplishments by winning the Best Use of Technology category for its eBucks Rewards at the 2022 International Loyalty Awards.

FNB also retained the Global Finance Award for Best SME Bank in SA, and FNB Connect was crowned Digital Mobile Virtual Network Operator (MVNO) of the Year at the global MVNO Awards.

“We are honoured to earn recognition for the stature of our brand among customers and the public,” added Celliers.

“The accolades validate the effectiveness of our efforts to help customers through our reliable digital platform and interfaces.”

“As we accelerate our journey, we also recognise the significance of brand agility, relevance, and evolution in our drive to continue addressing the needs of our customers and assisting them with their aspirations and dreams.”

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

Was this useful?0 reactions
Allawee Pic
Read nextFunding & Finance

What Paystack acquired Allawee really means for African founders

What Paystack acquired Allawee really means for African founders — what it actually costs, who it squeezes out, and the moves an early-stage founder can borrow this quarter.

Vutomi Manzini · readContinue reading