FNB, one of the country’s top banks, says it has “ample credit” appetite and is well positioned to support SA’s growth agenda and urged President Cyril Ramaphosa’s government to implement policies needed to kick-start the economy and help the banking sector shake off the effects of Covid-19.

“We are well set with proper capacity on our balance sheet to support the growth agenda,” CEO Jacques Celliers told Business Day in an interview after the release of parent company FirstRand’s results for the year to June. “We’ve got proper liquidity, we’ve got proper capital and we’ve positioned for a growth agenda. If there can [just] be a little bit more comfort in policies.”..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now