FNB has expanded its exchange-traded note offerings to include Nvidia, Palo Alto Networks, FNB Booking Holdings, and Eli Lily and Co.
First National Bank has announced an expansion of its exchange-traded note offering, adding ETNs from companies like Nvidia and Palo Alto Networks .
“ETNs are debt securities issued by a financial institution, and their value fluctuates based on the performance of a specific market index or asset,” said Sebastian Pillay, head of share investing at FNB. FNB says each ETN is tailored to investor preference regarding currency exposure. Pillay says the newly launched ETNs align with FNB’s focus on promising sectors.
The bank’s ETNs have a low barrier to entry, with a minimum investment requirement of R10 and no minimum fees or charges.
First National Bank FNB Headline Nvidia Palo Alto Networks Banking
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Obscure Technologies delivers Palo Alto’s next-generation SD-WAN to SA marketThe advanced software-defined networking solution incorporates AI, machine learning and automation.
Read more »
Recession warning for South Africa: FNBFNB economists warn that the Reserve Bank risks thrusting South Africa into technical recession if interest rates remain high unnecessarily.
Read more »
ITWeb TV: FNB to deploy in-app GenAI agentsThe bank is building an internal database to support generative artificial intelligence, in a move aimed at improving the functionality of its mobile app.
Read more »
Probe into FNB app glitch that leaked home loan applicant info nearly completeProbe into FNB app glitch that leaked home loan applicant info nearly complete
Read more »
FNB honoured with 7 awards for Private Banking excellence at Euromoney AwardsFNB triumphs again in Euromoney Awards, hailed Africa’s Best International Private Bank and Best Bank for various services, showcasing leadership and commitment.
Read more »
FNB app glitch exposed data of 88 home loan applicantsWhile the probe is still ongoing, the Information Regulator’s pre-investigation of the issue finds the app inadvertently exposed personal information.
Read more »