FNB ranked best bank in Namibia

By Business Reporter

GLOBAL Finance magazine has announced its 27th annual awards for the World’s Best Banks, and FNB Namibia was awarded as the best bank in Namibia.

Erwin Tjipuka, CEO of FNB Namibia thanked all stakeholders who have contributed towards this accolade.

“We wish to especially thank our loyal customers who consistently support us by making use of our products and services, particularly our digital platforms. Without you, we would not exist. I also wish to congratulate our dedicated and hardworking staff, this is our shared victory,” he said.
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Winners were chosen in more than 150 countries across Africa, Asia-Pacific, Central and Eastern Europe, Latin America, the Middle East, North America and Western Europe and were chosen based on careful attendance to their customers’ needs in difficult markets and the accomplishment of better results while laying the foundations for future success.

All selections were made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers, banking consultants, and analysts throughout the world.

In selecting these top banks, Global Finance considered factors that ranged from the quantitative objective to the informed subjective.

Objective criteria considered included growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.

Subjective criteria included the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry.

According to Joseph Giarraputo, publisher and editorial director of Global Finance the banking industry is increasingly challenged by rising customer demands for safe real-time access with total control and broad flexibility.

“For 27 years, the Global Finance Best Bank Awards have helped corporate treasurers and CFOs identify the banking partners most able to deliver top-notch financial services delivered via innovative technology,” he said.

Global Finance is a monthly magazine founded in 1987 by publishing entrepreneurs Giarraputo and Carl Burgen.

Giarraputo continues as publisher and editorial director. Its mission is to help corporate leaders, bankers and investors chart the course of global business and finance.

Global Finance magazine has a circulation of 50 050, audited by BPA, and readers in 163 countries. Its headquarters are in New York, with offices in London and Milan.
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Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic business decisions at multinational companies and financial institutions.

The magazine started its website in 2002 which provides a valuable source of data on 192 countries and offers analysis, articles and awards that are the heritage of over 30 years of experience in international financial markets.