Public Sector Business is one of four subsegments within FNB Business segment at FNB Botswana. Our role entails managing the relationships with all government and quasi-government-related entities, embassies, private schools and international and non-government organisations creating avenues for the product houses to do business.
At First National Bank we recognise the government as a key player in driving both the social and economic development of this country. We also recognise the uniqueness of the government in the way they do business, hence our focus in this sector. The government's battle is to ensure that everyone receives basic services.
Our role is therefore to partner with the government in providing efficient and effective delivery of banking services. We have developed a range of comprehensive solutions to take care of the public sector's unique financial and administrative needs in payment, funding and cash management. This ultimately enables the government to focus on what they know best, i.e. the provision of services.
We have the technology and ability to process the huge transactional volumes that are typical of Public Sector Business. Our payment and collection solutions are one of the primary tools that we offer in enhancing government efficiency. In addition we offer collection solutions that also updates onto the system of the organisations to ease on reconciliation.
We pride ourselves in tailor making solutions for all different entities that we serve.
Most of the focus in this sector is on tertiary education where the government of Botswana made a call to support local tertiary institutions by sponsoring students in country instead of outside. Public Sector Business continues to develop these institutions and provide them with solutions to efficiently serve this industry.
Private School solutions
State-owned Enterprises (SOEs) are institutions that are wholly-owned by the government and are run as separate business entities or service institutions on behalf of government. They are established by an act of parliament to execute specific mandates and are governed by boards of directors who reports to a minister.
We have identified the following solutions, amongst others, which our offering is designed to cater for: