Home
For Me
& My Family
For My Business
Corporates + Public Sector
Private Banking
Calculators
Rates + Pricing
About FNB + Legal
Contact Us + Tools
Careers at FNB

Close

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Please select

For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

Close

Close

Daily Banking

Close

Tools

Register Forgot Username or Password Verify payments

Close

Menu

Bank Family & Life stage solutions Events & Services Bank better

Switch to FNB

Product Shop

Financial Solutions

Bank Invest Borrow Insure Connect

Ways to bank

Digital Banking Branch, ATMs + Telephone Banking + @Till Banking Digital Payment Solutions nav»

Invest abroad

Global Solutions

Financial planning

Overview Personal goals Child's education Emergencies Tax free Estate + legacy planning Employee Benefits

Forex

Foreign exchange solutions

eBucks Rewards

eBucks Rewards SLOW

Switch to FNB

Product Shop

Lifestyles

Family Banking Youth accounts FNB EasyPlan Islamic banking Premier Young Professionals Medical Professionals Premier Select Over 55s Encore - Over 55s Retirement

Switch to FNB

Product Shop

Events

Events

Services

DebiCheck and Debit Order Balance Alert Limit Alert LOTTO and PowerBall Prepaid products Soccer six Traffic fines Debit order switching inContact Online vouchers Payments and Debit Orders DStv Payments Account Closure Guide

Switch to FNB

Product Shop

Bank better

Learn about banking FNB App guides

Close

Switch to FNB Business

Product shop

By Turnover

First Business Zero (R0 - R5 million p.a) Gold Business (R0 - R5 million p.a) Platinum Business (R5 million - R60 million p.a) Enterprise Business (R60 million - R150 million+ p.a)

Transact

Business Accounts Credit Cards Cash Solutions Merchant Services eWallet Pro Staffing Solutions ATM Solutions Ways to bank Fleet Services Guarantees

Savings and Investments

Save and Invest 3PIM (3rd Party Investment Manager)

Borrow

FNB Cash Advance Overdraft Loans Debtor Finance Leveraged Finance Private Equity Vumela Securities Based Lending Selective Invoice Discounting Asset Based Finance Alternative Energy Solutions Commercial Property Finance Fleet Services

Insure

Insurance

For my employees

Staffing Solutions Employee benefits

Forex + Trade

Foreign Exchange International Trade Structured Trade + Commodity Finance Business Global Account (CFC account)

Value Adds + Rewards

Connect my business the dti initiatives Enterprise and supplier development Business Hub eBucks Rewards for Business DocTrail™ CIPC Integration Channel Instant Accounting Solutions Instant Payroll Instant Cashflow Instant Invoicing SLOW 24/7 Business Desk FNB Business Fundaba nav» Marketplace Prepaid products Accounting integrations

Industry Expertise

Philanthropy Chinese Business Islamic Banking Agriculture Public Sector Education Healthcare Franchise Motor Dealership Tourism

Going Global

Global Commercial Banking

Financial Planning

Overview

Bank Better

KYC / FICA Debit order + recipient switching Electronic Alerts

Close

Switch to FNB

Product Shop

Corporates + Public Sector

Corporate Public Sector

Close

Switch to FNB

Product Shop

Private Banking

Private Banking

Close

Home Loans

Affordability Bond Calculator

Day to day banking

Budget Future Value Credit Cards

Shares

Share Investor

Vehicle Finance

Vehicle Repayment Vehicle Purchase Price

Close

Product Rates

Save and Invest Transactional Savings Legal Practitioners and General Trust Account Global Accounts

Pricing Guide

Overview

Rates

Foreign Exchange Rates Lending Rates

Indicators and Share Price

SA Indicators

Close

News + Insights

Press Office Economics commentary Insights Business Hub

Close

Terms + Conditions

Product Terms and Conditions Promotions Terms and Conditions Legal Matters

About Us

World of FNB

News + Insights

Press Office Economics commentary Insights Business Hub

FNB Subsidiaries

Botswana Lesotho Ghana Namibia Swaziland Zambia Channel Islands

Close

Talk to us + important numbers

Contact us

Fraud + Disputes

Security Centre

Locators

ATM Locator Branch Locator/Book a Branch Visit eWallet GEO Locator

Tools

Debit order switching Track and Trace Lead Form Tracking Upload Documents - For Me Upload Documents - For My Business Reporting a death Software Downloads FNB Approved Suppliers FNB Prospective Suppliers Verify Guarantee Verify Statements Verify Payments Verify Account Confirmation/Visa Application Letters eWallet balance enquiry

Close

Careers at FNB

Find out more about careers at FNB Apply here

Close

Close

All savings + investment accounts

Cash deposits

Notice deposits Immediate access Access to a portion Fixed deposits

Share investing

Shares

Tax-free investing

Tax-free accounts

Funds/unit trusts

Ashburton specialised products

Invest abroad

Offshore products

I want to save for

Personal goals Child's education Emergencies Tax-free

Compare similar

Compare

Additional options

Show me all Help me chosse Find an advisor

Financial planning

Overview

Close

Latest

Markets

Economics

Investment Institute

Wills and Legacy Planning

Education Hub

Filter by

Subcategory

Types

Time period

Economics

Economics Weekly

Navigating economic challenges amid delayed interest rate cuts and global uncertainty

Following the weaker-than-expected economic activity during the first quarter, and our updated interest rates view, we have revised our growth projections. Persistent inflation, associated risks, and the delay in the US Fed interest rate cutting cycle underpin our revised domestic interest rate outlook. We now anticipate a delayed initiation of the rate-cutting cycle by the SARB, with the first cut expected to materialise only in November 2024, as opposed to July.

03 May 2024

Economics Weekly

High for longer: A quick pulse check on the credit market

26 April 2024

Economics weekly

The global economy shows some resilience but we are not out of the woods yet

19 April 2024

Flash Notes

Consumer inflation slows more than expected in March

17 April 2024

Flash Notes

Retail sales declined in February

Retail sales fell by 0.8% y/y in February, from a decline of 2.0% in January (revised from -2.1%). Although the outcome is discouraging, it was still better than the Reuters consensus of a 1.6% decline.

17 April 2024

Economics weekly

A portion of the economy is feeling the strain amid tighter financial conditions

12 April 2024

Flash Notes

Manufacturing output continued to show further growth in February

11 April 2024

Flash Notes

Mining output experienced a significant growth surge in February

11 April 2024

Economics weekly

1Q24 economic activity data still mixed

05 April 2024

Flash Notes

QES: Formal sector jobs lost in 4Q23

Employment in the formal non-agricultural sectors of the economy, as shown by the Quarterly Employment Survey, contracted by 194 000 jobs or -1.8% q/q in 4Q23. Many of the jobs shed were in community services, in line with phase four of the Presidential Youth Employment Initiative (PYEI) having ended in 3Q23.

26 March 2024

Economics weekly

MPC perils: Sticky global inflation and adverse risk sentiment

22 March 2024

Flash Notes

Consumer inflation lifts yet again in February

20 March 2024

Economics Weekly

Where to for the building sector?

15 March 2024

Flash Notes

Manufacturing output surprised to the upside at the start of 2024

14 March 2024

Flash Notes

Mining output fell short of expectations in December 2023

Total mining production (not seasonally adjusted) contracted by 3.3% y/y in January, marking a deterioration from a downwardly revised 0.3% y/y expansion recorded in December 2023 (previously 0.6%). This outcome fell notably below the Bloomberg consensus prediction of a 0.4% increase.

14 March 2024

Property

A sideways movement in house prices, in line with expectations

13 March 2024

Economics Weekly

Analysing gross fixed capital formation trends

08 March 2024

Flash Notes

4Q23 GDP: Resilient economy narrowly escapes technical recession

05 March 2024

Economics Weekly

Fiscal prudence: What lessons can we learn from around the globe?

01 March 2024

Economics weekly

The Budget: Modest rise in revenue, expenditure pressures and tapping into buffers

The 2024 National Budget provides a delicate balancing act between swelling spending pressures and limited revenue sources. Persistent weak economic growth and a rising population has resulted in more people being left on the fringes of the economy, unable to contribute meaningfully to the tax base but instead depending on social welfare. Despite this, Treasury has once again presented a positive fiscal trajectory

23 February 2024

Filter by

Subcategory

Types

Time period

Trending

Flash Notes

Consumer inflation slows more than expected in March

17 April 2024

Flash Notes

Retail sales declined in February

17 April 2024

Flash Notes

Manufacturing output continued to show further growth in February

11 April 2024

Flash Notes

Mining output experienced a significant growth surge in February

11 April 2024

Flash Notes

QES: Formal sector jobs lost in 4Q23

26 March 2024

Popular Topics

Economic Insights

Bear Markets - Navigating a downturn

01 March 2020

Disclaimer

This Publication note is issued by FNB for the information of clients only and should not be produced in whole or part without prior permission. Although FNB is an Authorised Financial Services Provider, any opinions and/or analysis contained in this Publication are for informational purposes only and should not be considered advice, including but not limited to financial, legal or tax advice, or a recommendation to invest in any security or to adopt any investment strategy. The information contained herein has been obtained from sources/persons which we believe to be reliable but is not guaranteed for correctness, completeness or otherwise and we do not assume liability for loss arising from errors in the information or that may be suffered from using or relying on the information contained herein irrespective of whether there has been any negligence by us, our affiliates or any other employees of us, and whether such losses be direct or consequential. As market and economic conditions are subject to rapid change, any comments, opinions and analysis is rendered as of the date of publishing and may change without notice. Such changes may have a material impact on the outcome of any investment. Securities involve a degree of risk and are volatile instruments. Past performance is not indicative of future performances. Securities or financial instruments mentioned in the Publication note may not be suitable for all investors and FNB bares no responsibility whatsoever arising from or as a consequence hereof. The material is not intended as a complete analysis of every material fact regarding any share, instrument, sector, region, market, country, investment or strategy. The recipient of this Publication must make their own investment decision and is advised to contact his relationship manager for a personal financial analysis prior to making any investment decisions. Copyright 2023.

First National Bank - a division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider 1929/001225/06 (NCRCP20).