Staff Writer
FNB Namibia has been named the Best Foreign Exchange Bank in Namibia in Global Finance magazine’s 26th Annual World’s Best Foreign Exchange Banks awards.
The recognition forms part of the Gordon Platt Foreign Exchange Awards 2026, which honours banks for their performance in foreign exchange markets.
Global Finance’s annual awards programme covers 87 countries, territories and districts, seven global regions and several global categories. The programme recognises institutions that perform well in foreign exchange services.
Ian Erlank, head of global markets at RMB Namibia, said the award reflects the group’s work in foreign exchange services.
“This award reflects the strength of our FX capabilities and the depth of expertise across the group. At FNB Namibia and RMB Namibia, we remain committed to delivering innovative, reliable and customer-centric foreign exchange solutions that support our clients’ growth in an increasingly complex global environment. We are honoured to be recognised for the work we do to safeguard value and enable seamless cross-border financial activity for businesses and individuals alike.”
FNB said foreign exchange services play an important role in Namibia’s economy.
The bank said a stable and efficient foreign exchange environment supports the Namibian dollar and allows businesses to operate in international markets.
Foreign exchange services are used by importers, exporters, investors and individuals involved in international financial transactions.
FNB said these services allow businesses to pay for goods and services from other countries, support tourism, enable investment opportunities and help protect the value of remittances and savings.
The bank said sectors such as mining, agriculture, logistics and retail rely on foreign exchange services to manage international payments and maintain operations.
Global Finance said its selection process includes input from industry specialists and an assessment of several indicators. These include transaction volumes, market share, pricing, global reach, customer service and technology.
Erlank said the bank values the support of its clients and staff.
“FNB Namibia extends its appreciation to its clients for their continued trust and to its teams for consistently delivering service excellence that supports the evolving needs of the market.”
