FNB back online
First National Bank (FNB), on Friday, has apologised to customers over its system’s failures over the past week.
FNB blamed the system failure on an electrical outage.
“Indications suggest that this surge was in the range of 12 000 kVA, which is equivalent to eight times the strength of a typical lightning strike,” said FNB CEO, Michael Jordaan.
Jordaan said the bank has since restored services and apologised to clients.
“I am pleased to confirm that all our systems are now up and fully operational. All branch hours will also be extended by an hour today to help customers who were inconvenienced. I would like to personally extend my sincere apologies for the delays and unavailability of banking services experienced, over the last two days.”
According to Jordaan, the bank regularly tests the integrity of its banking infrastructure; however this scenario was so severe and unprecedented, that it could not have been foreseen.
According to the bank, during the course of the evening of 20 March 2012, banking services were progressively restored from 21h00 onwards. The bank previously stated it had experienced latent problems resulting from the massive power surge and that in order to maintain availability and prevent any further loss of banking services, alternate back-up systems were used.