FNB CEO Jacques Celliers
Financial services provider FNB will install solar power systems at 100 of its branches across the country to prevent downtime during times of loadshedding, while also mitigating the environmental impact of its operations.
The initiative will start with branches in Mthatha, in the Eastern Cape; Bethlehem and Phuthaditjhaba, in the Free State; and Zeerust, in the North West. It is part of the bank's commitment to environmental sustainability and operational resilience.
"While 97% of our branches are already equipped with backup power solutions to ensure access to services during intermittent loadshedding, the initiative is necessary to transition to renewable energy sources in keeping with our commitment to have a positive impact on the environment and be more resilient in our operations," says FNB CEO Jacques Celliers.
"Our continued investment in local market presence also enables us to be closer to customers and to better understand their local context, allowing us to unlock greater value for their personal, family and business needs.
"In pursuit of this objective, we have been steadily expanding our presence in certain areas and deploying community advisers to help customers with their financial needs wherever they may be," he explains.
The solar installation initiative is set to begin in the coming months, with a phased approach to ensure a smooth and efficient transition for each branch involved.
The initiative aligns with the bank's long-term vision for greener and more sustainable operations. FNB remains steadfast in its mission to innovate and lead by example, not only in terms of customer service, but also in environmental stewardship, Cellier notes.
"Our branches are critical in facilitating economic activities in local markets. While millions of our customers use channels such as our FNB App, Online and Cellphone Banking to access most services, many continue to visit our branches to perform a range of activities and consult our advisors on financial requirements," says FNB Points of Presence CEO Lee-Anne van Zyl.
"Therefore, it is essential for us to remain accessible to local communities," she adds.