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Hey there
There are many ways First national bank can compete with others. One way is to reduce the interest. The lower the interest the more people will come there. Have more branches that are open for more hours then others so if people need money they can come to you.
There are many ways First national bank can compete with others. One way is to reduce the interest. The lower the interest the more people will come there. Have more branches that are open for more hours then others so if people need money they can come to you.
A notable method that FNB uses to compete favorably with other banks is its low bank fee and bonus programs.
What is FNB?
FNB, also popularly known as First National Bank is one of the top banks in South Africa that drives its market through innovation and a good reward system to keep its customers.
Incentivising customers has proven to be an effective way to engage customers in business.
Learn more about FNB here:
https://brainly.com/question/1338863?source=archive
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