Windhoek — Chief Executive Officer of FNB Holdings, Vekuii Rukoro, has defended the bank's fee structure saying FNB has no apologies to make to those who make use of "excess availment", with regard to for example overdrafts.
"For the ordinary guy who does things according to the rules, our adjustment is only 4,8 percent, so we have done good," he said speaking at the launch of the company's annual report. He was proud of the company's Black Economic Empowerment deal, involving groups led by people such as Mwahafar Ndilula and Ranga Haikali, representing a broad-based group of public workers and teachers.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article