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PRESS RELEASE

FNB BECOMES AN AUTHORISED DEALER IN FOREIGN EXCHANGE IN LESOTHO


The First National Bank, Lesotho Branch has been appointed by the Minister of Finance and Development Planning as an Authorised Dealer in foreign exchange. This appointment was made by Government Gazette No. 127 of 17 December 2004, Legal Notice No. 207

The First National Bank (FNB) started its operations in Lesotho in October 2004. The Central Bank granted FNB South Africa a licence to open a branch in Lesotho in accordance with Sections 4 and 5 of the Financial Institutions Act (FIA) 1999.
 

Chief, Public Relations 2005 April 18
 

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