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Home » FNB opens lending taps in growth push at home
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FNB opens lending taps in growth push at home
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Staff Writer
September 24, 2025
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Of the lender’s 1.35m commercial clients, most are small enterprises.
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A unit of FirstRand, Africa’s biggest bank by market value, is stepping up lending, wagering that healthier balance sheets and improved borrower affordability will fuel loan growth in South Africa despite fierce competition.“We are expecting better growth rates of advances in the next 12 months because impairments stabilised,” said First National Bank chief executive officer Harry Kellan in an interview. “While the strain in consumers still continues, the affordability for some individuals has improved, which means that our lending capacity has increased.”Login to view the full contentYou need to log in to view the full post content. Login
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