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FNB launches weSave digital group savings account

FNB launches weSave digital group savings account

Published 9 months ago
Description

FNB Namibia has introduced a new digital group savings account called weSave, designed to formalise traditional stokvel-style saving into a regulated, interest-bearing banking product that promotes financial inclusion and builds on Africa’s community savings culture.

Speaking to Desert FM, economist Omu-Kakujaha Matundu unpacked where citizens stand to benefit and how the bank may also gain from the product.

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