FNB holds business banking fees steady to support SMEs

FNB holds business banking fees steady to support SMEs
July 8, 2026

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FNB holds business banking fees steady to support SMEs

FNB Eswatini has announced that it will maintain most of its business banking fees for the 2026/27 financial year, despite increasing operational costs and a challenging business environment.

The bank unveiled its new pricing structure on July 1, highlighting more than 100 free banking services while keeping 62 per cent of its pricing lines unchanged across both personal and business banking customers.

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For businesses, the bank has retained several key charges, including Merchant Services fees, meaning customers will continue paying the same rates to rent and use FNB Speedpoint devices. The move is aimed at helping businesses, particularly Small and Medium Enterprises (SMEs), better manage their operating costs while continuing to offer customers secure and convenient payment options.

FNB Eswatini Executive Head of Commercial Banking, Chantell Littler, said the decision reflects the bank’s ongoing commitment to supporting business growth through affordable banking solutions.
“As the preferred banking partner for Small and Medium Enterprises (SMEs) in Eswatini, we understand the importance of providing businesses with convenient and cost-effective ways to accept payments. By maintaining all Merchant Services fees at their current levels, we are helping SMEs manage their operating costs while enabling them to focus on growth and expansion in the new financial year.

We remain committed to empowering businesses with solutions that support their long-term success and financial sustainability,” said Littler.
She added that the bank’s support for SMEs extends beyond pricing.
Littler noted that FNB is entering the final stages of the 2026 Entrepreneur of the Year Awards (EYA), an initiative that recognises and supports local entrepreneurs. She said the awards form part of the bank’s broader investment in the country’s SME sector, adding that new initiatives are expected to strengthen support for businesses further later this year.

The bank has also maintained its Foreign Currency Transfer fees, a decision aimed at assisting businesses involved in international trade amid ongoing global economic uncertainty.
Executive Head of Corporate and Investment Banking (CIB), Ncamiso Dlamini, said businesses continue to face an increasingly complex global trading environment, making stable banking costs more important than ever.

“In these volatile times, we understand how crucial it is for our clients to have a trusted partner that can help them navigate an increasingly complex global trade environment,” Dlamini said.
Earlier this year, FNB hosted its inaugural Forex and Trade Solutions Seminar under the theme “Beyond Volatility: Strategic Forex and Trade Solutions for a Fragmenting World.” The seminar brought together industry leaders, regulators, economists and clients to discuss strategies for navigating changing global trade conditions and managing foreign exchange risks.

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