FNB eyes commercial property lending
The bank views refinancing existing facilities and taking over loans from the competition as the sweet spot
06 August 2023 - 16:58
FNB’s property business sees commercial opportunities in KwaZulu-Natal despite a sluggish economy as well as high inflation and interest rates.
But instead of acquisitions, FNB Commercial Property Finance is looking at refinancing and restructuring existing loans, as well as taking over commercial property bonds from competitors...
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