SME Finance Forum Member Spotlight with FNB
In 2020, FNB (First National Bank of South Africa) was recognized with the Gold Award as the small and medium enterprise (SME) Bank of the Year, Global Category, by the Global SME Finance Awards 2020. The Awards are endorsed by the G20’s Global Partnership for Financial Inclusion (GPFI) were organized by IFC, a member of the World Bank Group and the SME Finance Forum. Launched in 2018, the Global SME Finance Awards were set up to recognize the commitments and distinguished achievements of financial institutions and fintech companies in delivering outstanding products and services to their SME clients and helping them grow.
FNB was recognized amongst over 100 global participants for its digital innovation, exceptional products, and services, as well as the unique and solution-focused manner it approaches challenges facing SMEs as they incubate, start, run and grow their businesses. The awards were judged by a committee of industry experts, with a specific focus on reach, uniqueness, and innovation, effectiveness and impact, as well as dynamism and scalability. In this Member Spotlight #5, you will hear directly from FNB and the reasons behind their success.