FNB RECEIVES FUNDING CAPACITY FROM BOTH IFC’S RISK SHARING FACILITY AND FIRST RAND BANK’S SOCIAL BOND TO EXTEND MORE LOANS TO SOUTH AFRICA’S SMES
FNB is pleased to announce it has created significant funding capacity to provide even more lending support to South African SMEs through two innovative and complimentary initiatives. Already the largest lender to SMEs in the country, FNB has signed a R1.8 billion credit risk-sharing facility with the International Finance Corporation (IFC) and raised a further R2.5…


