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HomeIndustriesFinTechFNB Recognized as 'Best SME Bank 'in Africa

FNB Recognized as ‘Best SME Bank ‘in Africa

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FNB has been named the Best SME Bank in Africa by Global Finance for its 2026 Best SME Bank Awards.

The awards, which celebrate excellence iin SME banking globally evaluate institutions based on their knowledge of SME markets, extensiveness of products and services, market standing, and innovation.

FNB’s selection highlights its market-leading position and continued focus on practical, scalable solutions that help SMEs survive, grow, and create jobs across Africa.

Harry Kellan, FNB CEO says “Small and medium enterprises are the backbone of Africa’s economic growth and by backing SMEs with banking and services that meet those business people where they are in their financial journey helps us empower them, for further growth and success. We are proud to be recognised for our efforts in enabling entrepreneurs and businesses to thrive, especially in these challenging economic times.”

“We currently serve over 1.2 million SME clients in South Africa, representing 93% of our commercial client base, and with significant presence in Botswana, Namibia, Eswatini, Lesotho, Mozambique, Tanzania, Zambia, and Ghana. In SA alone, SMEs contribute approximately two-thirds of our commercial earnings, underscoring their strategic importance to the bank’s operations and to South Africa’s economic growth,” adds Kellan.

“Our leadership across lending, savings, and transactional products demonstrates that we have a holistic approach to SME banking, one that is rooted in innovation, accessibility, and deep customer understanding, and empowers entrepreneurs—fuelling economic growth, Kellan adds.

“Our market leadership is not just about numbers; it’s about the real difference we’re making in the lives of SMEs. We’re proud to be the financial partner of choice for over a million entrepreneurs in SA, and more in Africa, helping them grow, adapt, and thrive in a dynamic economy”, he concludes.

This award underscores FNB’s commitment to delivering solutions that respond to the realities of African business owners and supports their long-term resilience and growth.

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