Company History

First National Bank (FNB) just celebrated their 180th birthday on 15 December 2018. What makes this particularly significant is that the FNB storyline runs in parallel with South African history. 

Following the true corporate trend, FNB, as it exists today, came about following a complex tapestry of buyouts and amalgamations to become the well-established bank it is today. This journey certainly did not occur without any upheavals – but the bank managed to stand the test of time.

Charles Thrupp arrived in South Africa from the United Kingdom in 1882 and made his way to King Williams Town to take up a job with a local wholesaler. As the gold fields of the Rand began to boom, the firm called on Thrupp to open and manage a store in Johannesburg. After a few years of solid trade, the branch hit hard times and had to close its doors in 1892. For most employees this would have meant looking for another job but Thrupp saw Johannesburg's potential and acquired the grocery side of the ailing business.

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