FNB profits increased by 16% to R15.902 billion in 2022
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GUEST – Jacques Celliers – FNB CEO
Reporting its interim results for the six months ending December 2022 on Thursday (2 March), the group showed a significant jump in profits for the period, along with a healthy increase in active customers across its operations.
The group said its upward performance was driven by growth in customers, transactions as well as deposits.
“The results follow recent investments to refresh FNB’s brand and digital interfaces and the renewed focus on being advice-led in our efforts to help customers through our integrated financial services model,” it said.
The group saw a notable uptick in its “private” client base – banking customers earning more than R450,000 a year – which jumped 11% to 1.87 million people. Half of the new retail customers FNB added in the half-year period were in this group (180,000), with the balance being in the “personal” client base.
Reporting its interim results for the six months ending December 2022 on Thursday (2 March), the group showed a significant jump in profits for the period, along with a healthy increase in active customers across its operations.
The group said its upward performance was driven by growth in customers, transactions as well as deposits.
“The results follow recent investments to refresh FNB’s brand and digital interfaces and the renewed focus on being advice-led in our efforts to help customers through our integrated financial services model,” it said.
The group saw a notable uptick in its “private” client base – banking customers earning more than R450,000 a year – which jumped 11% to 1.87 million people. Half of the new retail customers FNB added in the half-year period were in this group (180,000), with the balance being in the “personal” client base.
