COMPETITION
FNB slashes its fees as it joins banking price frenzy
FNB is the third of the big four banks to react to increasing competition by cutting fees or launching new zero-fee accounts
30 May 2019 - 05:10
The pace of the banking price war is picking up with First National Bank the latest player to enter the fray.
FNB, which is owned by SA’s biggest banking group by market capitalisation, FirstRand (R359bn), has cut the monthly fee on its entry-level pay-as-you-use account to 5c below the R5 charged by Capitec...
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