FNB’s new offices in city centre officially opened

WINDHOEK: The Head of State President Hage Geingob on Tuesday morning said the construction of the First National Bank (FNB) of Namibia’s new modern and state of the art building in the city centre is a clear indication that the economic future remains positive.

The president was speaking during the official opening of the new FNB building in the city centre.

The new building on the owners of Independence Avenue and Fidel Castro street opposite Zoo Park was constructed at a cost of N.dollar 600 million.

‘Through the construction of this building, FNB is expressing confidence in Namibia’s economic future, and I have no doubt that this faith will lead to the continued achievement of this successful financial institution.’ President Geingob said.

Geingob further said he is pleased to learn that FNB through its Foundation committed itself to invest in numerous major areas in community development, health, environmental guardianship, skills development, education, financial inclusion, sports development as well as arts and culture.

‘The Foundation has made huge positive impacts on the lives of many Namibians in different areas of social development of Namibia.’ Geingob said.

The First Citizen then added that Namibia as a country strive to improve the living conditions of all Namibians, in different areas of social development.

Meanwhile the FNB-Group Chief Executive Officer, (CEO) Sarel van Zyl, said the consolidation of the then Swabou during 2003, the bank realized they are scattered across the city and needed to get a central place.

‘Not only does this help to improve efficiencies significantly and enhance collaboration between the various brands, it also makes banking so much easier for our customers who now have a true one-stop-shop with ample parking.’ van Zyl said.

The brands van Zyl referred to are RMB, FNB Insurance Brokers, Wesbank as well as other financial operations.

The building in the heart of town consists of 11 storeys of which five is above ground and six underground to provide much needed parking space.

To prepare the construction of the building, the contractors had to remove 66 722 cubic meters of earth, and needed 3.6 million bricks.