First National Bank can trace its origins back to the Eastern Province Bank, which was formed in Grahamstown, South Africa in 1838. By 1874, the bank had four branches - Grahamstown, Middelburg, Cradock and Queenstown.
Due to a recession, the bank was bought out in 1874 by the Oriental Bank Corporation (OBC). However, as a result of financial difficulties being experienced in India, the OBC decided to withdraw from South Africa. The Bank of Africa was subsequently formed in 1879 to take over OBC's business in South Africa.
In 1998 the financial services interests (which included their shareholding in First National Bank) of Rand Merchant Bank Holdings and Anglo-American Corporation Anglo-American Corporation were merged to form FirstRand Limited, which is listed on the JSE Securities Exchange.
Consequently, FNB became a wholly owned subsidiary of FirstRand Limited and currently trades as a division of the group. FNB also has subsidiaries in, Botswana, Namibia, Zambia and Mozambique which are all listed on their country's respective stock exchanges.
FNB Swaziland offers a comprehensive range of products and services to the market under the leadership of a competent management team.
The FNB Swaziland Board of Directors was elected by the stockholders to represent their interest. The board is responsible for hiring the CEO, setting compensation policies, determining dividends, and evaluating performance.