Property lending pulls FNBB through tough year

According to its results for the full year ended June 30, 2012, FNBB property loan book rose to P3.2 billion, while retail loans were up 13 percent to P2.5 billion, corporate loans another 38 percent to P1.1 billion and Wesbank vehicle loans up 7.1 percent to P1.5 billion.

Overall, the Botswana Stock Exchange (BSE) heavyweight grew its loan book by 17 percent to P8.4 billion, maintaining its position as the country's largest commercial bank by balance sheet.