FNB’s Home Loan division is going strong, having grown advances by 6% on a year-on-year basis as at December 2014, and by 13% over the last 3 years.
FNB appoints CEO for FNB Home Loans and FNB Housing Finance from within the organisation.
FNB's Housing Finance division is going strong with around 20% growth in the market over the last financial year and a good outlook.
SOUTH African businesses and financial institutions need to seriously explore an alternative funding mechanism that could turn rental housing into some form of equity buildup for middle-income earners who do not qualify for bonds or government housing subsidies, says Tongaat Hulett CEO Peter Staude.
No one could claim that the South African property market has done well in 2011. Sellers are finding that their estimated prices need to be lowered; buyers are eager but struggle to buy with banks hesitant to approve home loans

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